Stepan Co (SCL) Files Form 4 Insider Selling : F Quinn Stepan Sells 13,400 Shares

Stepan Co (SCL): F Quinn Stepan , Chairman of Stepan Co sold 13,400 shares on Apr 28, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $62.32 per share for a total value of $835,088.00 , 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 20, 2016, F Quinn Jr Stepan (President & CEO) sold 462 shares at $58.46 per share price.On Mar 7, 2016, Debra Stefaniak (VP, Business Transformation) purchased 500 shares at $54.05 per share price.Also, On Mar 4, 2016, Scott D Beamer (CFO) purchased 2,000 shares at $51.16 per share price.On Nov 19, 2015, Frank Pacholec (Vice President R&D) sold 750 shares at $51.55 per share price.

Shares of Stepan Company (SCL) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.05% at $62.44 with 85,916 shares getting traded. Post opening the session at $62.72, the shares hit an intraday low of $61.47 and an intraday high of $63.32 and the price vacillated in this range throughout the day. The company has a market cap of $1,391 M and the number of outstanding shares has been calculated to be 2,22,82,350 shares. The 52-week high of Stepan Company is $63.19 and the 52-week low is $40.49.

Stepan Company Money Flow Index Chart

Stepan Company produces specialty and intermediate chemicals which are sold to other manufacturers and used in a variety of end products. The Company has three segments: surfactants polymers and specialty products. The Company’s Surfactants segment offers products which are principal ingredients in consumer and industrial cleaning products such as detergents for washing clothes dishes carpets floors and walls as well as shampoos and body washes. The Company’s Polymers segment includes polyurethane polyols polyester resins and phthalic anhydride. Polyurethane polyols are used in the manufacture of rigid foam for thermal insulation. The Company’s Polymers segment includes polyurethane polyols polyester resins and phthalic anhydride. Polyurethane polyols are used in the manufacture of rigid foam for thermal insulation.

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