Xerium Technologies Inc (XRM) Files Form 4 Insider Buying : Clifford E Pietrafitta Buys 4,181 Shares

Xerium Technologies Inc (XRM): Clifford E Pietrafitta , CFO of Xerium Technologies Inc purchased 4,181 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.92 per share for a total value of $24,751.52 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 29, 2015, Asset Management L Tocqueville (10% owner) purchased 18,800 shares at $10.86 per share price.

Shares of Xerium Technologies (XRM) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.84% at $5.93 with 1,39,859 shares getting traded. Post opening the session at $6.09, the shares hit an intraday low of $5.74 and an intraday high of $6.129 and the price vacillated in this range throughout the day. The company has a market cap of $95 M and the number of outstanding shares has been calculated to be 1,59,94,057 shares. The 52-week high of Xerium Technologies is $18.8 and the 52-week low is $4.15.

Xerium Technologies Money Flow Index Chart

Xerium Technologies Inc. (Xerium) is a global manufacturer and supplier of two types of consumable products used primarily in the production of paper: machine clothing and roll covers. The Company markets its products through brands such as Huyck Wangner Weavexx Stowe Woodward Mount Hope Robec and Xibe. The Company operates in two segments: machine clothing and roll covers. Its machine clothing segment products include various types of industrial textiles used on paper-making machines and other industrial applications. Through its roll covers segment it manufactures various types of roll covers refurbishes previously installed roll covers provides mechanical services for the internal mechanisms of rolls used on paper-making machines and manufactures spreader rolls. In addition its products are also installed in other industrial applications such as non-woven and fiber cement machines.

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