West Pharmaceutical Services Inc (WST): Thomas W Hofmann , director of West Pharmaceutical Services Inc sold 2,466 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $73.57 per share for a total value of $181,432.50 , 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 2, 2016, Michael A Anderson (Vice President & Treasurer) sold 16,414 shares at $63.60 per share price.On Mar 1, 2016, Thomas W Hofmann (director) sold 3,042 shares at $62.70 per share price.Also, On Feb 26, 2016, Heino Lennartz (President Europe) sold 5,680 shares at $62.46 per share price.On Feb 25, 2016, Warwick Bedwell (President, Pharma Pkgs Systems) sold 7,296 shares at $59.04 per share price.
West Pharmaceutical Services: On Friday, May 20, 2016 heightened volatility was witnessed in West Pharmaceutical Services which led to swings in the share price. The shares opened for trading at $71.63 and hit $72.8 on the upside , eventually ending the session at $72.73, with a gain of 2.06% or 1.47 points. The heightened volatility saw the trading volume jump to 5,90,052 shares. The 52-week high of the share price is $73.62 and the company has a market cap of $5,315 M . The 52-week low of the share price is at $52.79.
Company has been under the radar of several Street Analysts.West Pharmaceutical Services is Initiated by Wells Fargo to Outperform. The Rating was issued on Mar 22, 2016.
West Pharmaceutical Services Inc. is a manufacturer of components and systems for the packaging and delivery of injectable drugs as well as delivery system components for the pharmaceutical healthcare and consumer products industries. The Company’s products include stoppers and seals for vials prefillable syringe components and systems components for intravenous and blood collection systems safety and administration systems advanced injection systems and contract design and manufacturing services. The Company’s customers include producers of pharmaceuticals biologics medical devices and personal care products. The Company’s reportable segments include Pharmaceutical Packaging Systems segment (Packaging Systems) and the Pharmaceutical Delivery Systems segment (Delivery Systems).