Univar Inc. (UNVR) Files Form 4 Insider Buying : Stephen D Newlin Buys 22,000 Shares

Univar Inc. (UNVR): Stephen D Newlin , director of Univar Inc. purchased 22,000 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.80 per share for a total value of $369,367.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 1, 2016, Christopher D Pappas (director) purchased 30,000 shares at $15.77 per share price.On Sep 30, 2015, J Erik Fyrwald (CEO) purchased 10,000 shares at $18.75 per share price.Also, On Jun 25, 2015, Erik Viens (SVP & CIO) purchased 9,000 shares at $22.00 per share price.On Jun 25, 2015, Christopher Oversby (Pres Global Oil, Gas & Mining) purchased 1,000 shares at $22.00 per share price.

Univar Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Univar Inc which led to swings in the share price. The shares opened for trading at $17 and hit $17.64 on the upside , eventually ending the session at $17, with a gain of 0.12% or 0.02 points. The heightened volatility saw the trading volume jump to 19,19,195 shares. The 52-week high of the share price is $27.75 and the company has a market cap of $2,345 M . The 52-week low of the share price is at $10.65.

Univar Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Univar Inc is Upgraded by Barclays to Overweight while Lowering the Price Target of the company shares to $ 18 from a previous price target of $23 . Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Feb 16, 2016.

Univar Inc. is a global chemical distributor and provider of services. The Company source chemicals from over 8800 producers worldwide and provide a range of products and services to over 133000 customer locations in over 150 countries. The Company’s customers includes Akzo Nobel Dow Chemical Company Henkel Ecolab PPG Valero Energy FMC Corporation Georgia-Pacific and Kellogg Company. The Company operates in its geographical segments: Univar USA (USA) Univar Canada or Canada Univar Europe and the Middle East and Africa or EMEA and Rest of World. The Company serves all of the premier United States oil and gas plays including Bakken Eagle Ford and Marcellus as well as the Canadian oil sands.

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