Snap-on Inc (SNA): Jeanne M Moreno , VP & Chief Information Officer of Snap-on Inc sold 10,417 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $164.71 per share for a total value of $1,715,776.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Anup R Banerjee (Sr VP & Chief Devel. Officer) sold 6,000 shares at $161.22 per share price.On Mar 10, 2016, Nicholas T Pinchuk (Chairman, President and CEO) sold 25,559 shares at $150.13 per share price.Also, On Mar 7, 2016, Jeanne M Moreno (VP & Chief Information Officer) sold 4,500 shares at $154.95 per share price.On Mar 4, 2016, Irwin M Shur (VP, Gen Counsel & Secretary) sold 7,290 shares at $154.09 per share price.
Snap-on Incorporated: On Monday, May 16, 2016 heightened volatility was witnessed in Snap-on Incorporated which led to swings in the share price. The shares opened for trading at $161.79 and hit $164.24 on the upside , eventually ending the session at $163.8, with a gain of 1.36% or 2.19 points. The heightened volatility saw the trading volume jump to 4,16,679 shares. The 52-week high of the share price is $174.52 and the company has a market cap of $9,524 M . The 52-week low of the share price is at $133.09.
On Apr 28, 2016, Snap-on Incorporated announced a cash dividend of $0.6100. The company’s management has announced May 18, 2016 as the ex-dividend date and fixed the record date on May 20, 2016. The payable date has been fixed on Jun 10, 2016.
Snap-on Incorporated (Snap-on) is a manufacturer and marketer of tools equipment diagnostics repair information and systems solutions for professional users. The Company’s products and services include hand and power tools tool storage diagnostics software information and management systems shop equipment and other solutions for vehicle dealerships and repair centers as well as for customers in industries including aviation and aerospace agriculture construction Government and military mining natural resources power generation and technical education. The Company’s business segments include Commercial & Industrial Group the Snap-on Tools Group the Repair Systems & Information Group and Financial Services. It offers its products under the brand names: Snap-on ATI BAHCO Blackhawk Blue-Point Cartec CDI Challenger Fish and Hook Hofmann Irimo John Bean Lindstrom Mitchell1 Nexiq Pro-Cut Sandflex ShopKey Sioux Sun and Williams.