Usg Corp (USG) Files Form 4 Insider Selling : Dominic A Dannessa Sells 2,500 Shares

Usg Corp (USG): Dominic A Dannessa , Executive Vice President of Usg Corp sold 2,500 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $28.00 per share for a total value of $70,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 2, 2016, Jose Armario (director) purchased 992 shares at $28.11 per share price.On Apr 27, 2016, Dominic A Dannessa (Executive Vice President) sold 2,500 shares at $28.52 per share price.Also, On Nov 20, 2015, Stanley L Ferguson (Executive Vice President) sold 3,000 shares at $25.00 per share price.On Aug 11, 2015, Jennifer F. Scanlon (Senior Vice President) sold 1,500 shares at $32.11 per share price.

USG Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in USG Corporation which led to swings in the share price. The shares opened for trading at $27.36 and hit $28.04 on the upside , eventually ending the session at $27.95, with a gain of 2.98% or 0.81 points. The heightened volatility saw the trading volume jump to 18,63,916 shares. The 52-week high of the share price is $32.879 and the company has a market cap of $4,077 M . The 52-week low of the share price is at $15.85.

USG Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.USG Corporation is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 31 from a previous price target of $28 .The Rating was issued on Apr 25, 2016.USG Corporation is Upgraded by CL King to Strong Buy and the brokerage firm has raised the Price Target to $ 37 from a previous price target of $30 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 22, 2016.USG Corporation is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 30 from a previous price target of $24 .The Rating was issued on Apr 22, 2016.

USG Corporation (USG) through its subsidiaries is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential new nonresidential and residential and nonresidential repair and remodel construction as well as products used in industrial processes. The Company operates in four segments: Gypsum Ceilings Distribution and USG Boral Building Products (UBBP). The Gypsum segment manufactures gypsum wallboard; the Ceilings segment manufactures and markets interior systems products; the Distribution segment consists of L&W Supply a distributor of gypsum wallboard and other building materials and the Company’s UBBP segment manufactures distributes and sells building products mines raw gypsum and sells natural and synthetic gypsum. The Company’s brands include DUROCK FIBEROCK LEVELROCK RED TOP IMPERIAL DIAMOND SUPREMO RADAR ECLIPSE MARS USG Boral Sheetrock and USG Boral NextGen among others.

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