Rogers Corp (ROG): Jeffrey M Grudzien , VP, ACS of Rogers Corp sold 7,235 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $63.20 per share for a total value of $457,264.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 5, 2016, Robert G Paul (director) sold 9,000 shares at $63.30 per share price.On May 5, 2016, Jeffrey M Grudzien (VP, ACS) sold 1,390 shares at $63.39 per share price.Also, On May 5, 2016, William Mitchell (director) sold 5,000 shares at $61.75 per share price.On May 5, 2016, Gary M Glandon (VP, and Chief HR Officer) sold 1,500 shares at $63.99 per share price.
Rogers Corporation: On Friday, May 6, 2016 heightened volatility was witnessed in Rogers Corporation which led to swings in the share price. The shares opened for trading at $62.45 and hit $63.21 on the upside , eventually ending the session at $63.21, with a gain of 1.15% or 0.72 points. The heightened volatility saw the trading volume jump to 89,603 shares. The 52-week high of the share price is $73.75 and the company has a market cap of $1,138 M . The 52-week low of the share price is at $41.92.
Company has been under the radar of several Street Analysts.Rogers Corporation is Initiated by Drexel Hamilton to Buy. The Rating was issued on Mar 11, 2016.
Rogers Corporation is a supplier of specialty materials products. The Company supplies products across a range of end markets including portable communications communications infrastructure consumer electronics mass transit automotive defense and clean technology. The Company operates through segments: Printed Circuit Materials (PCM) High Performance Foams (HPF) Power Electronics Solutions (PES) and Others. The Printed Circuit Materials segment includes printed circuit board laminate products for high frequency and high performance applications. The High Performance Foams segment includes polyurethane and silicone foam as well as solid products manufactured in roll stock sheet and molded formats. The Power Electronics Solutions segment consists of direct bond copper (DBC) ceramic substrate products and busbar power distribution products. The Other segment consists of elastomer components floats and inverter distribution activities.