Simpson Manufacturing Co Inc /ca/ (SSD) Files Form 4 Insider Selling : Psb Fund Simpson Sells 48,083 Shares

Simpson Manufacturing Co Inc /ca/ (SSD): Psb Fund Simpson , other of Simpson Manufacturing Co Inc /ca/ sold 48,083 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $38.06 per share for a total value of $1,830,398.25 , 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 6, 2016, Sharon H Simpson (10% owner) sold 48,083 shares at $38.06 per share price.On Apr 28, 2016, Sunny H Leung (Vice President) sold 988 shares at $38.75 per share price.Also, On Apr 28, 2016, Psb Fund Simpson (other) sold 56,287 shares at $38.75 per share price.On Sep 14, 2015, Thomas J Fitzmyers (Vice Chairman of the Board) sold 6,195 shares at $34.95 per share price.

Simpson Manufacturing Co: On Wednesday, May 4, 2016 heightened volatility was witnessed in Simpson Manufacturing Co which led to swings in the share price. The shares opened for trading at $37.45 and hit $37.95 on the upside , eventually ending the session at $37.85, with a gain of 0.61% or 0.23 points. The heightened volatility saw the trading volume jump to 1,02,207 shares. The 52-week high of the share price is $39.52 and the company has a market cap of $1,828 M . The 52-week low of the share price is at $30.25.

Simpson Manufacturing Co Money Flow Index Chart

Simpson Manufacturing Co. Inc. through its subsidiary Simpson Strong-Tie Company Inc. (SST) designs engineers and manufactures wood construction products including connectors truss plates fastening systems fasteners and lateral systems used in light-frame construction. The Company also offers concrete construction products used for concrete masonry steel and for concrete repair protection and strengthening including adhesives chemicals mechanical anchors carbide drill bits powder actuated tools and fiber reinforced materials. The Company operates in three segments: North America Europe and Asia/Pacific. The North America segment includes operations in the United States and Canada. The Europe segment includes operations in France the United Kingdom Germany Denmark Switzerland Portugal and Poland. The Asia/Pacific segment includes operations in China Hong Kong Thailand Australia New Zealand South Africa and the Middle East.

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