Brady Corp (BRC) Files Form 4 Insider Selling : Paul Meyer Sells 9,851 Shares

Brady Corp (BRC): Paul Meyer , VP, Tax & Treasury of Brady Corp sold 9,851 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $32.42 per share for a total value of $319,323.12 , 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 31, 2016, Frank W Harris (director) sold 3,000 shares at $31.86 per share price.On May 26, 2016, Bentley Curran (CIO & VP – Digital Business) sold 7,000 shares at $31.30 per share price.Also, On Dec 7, 2015, Paul Meyer (VP, Tax & Treasury) sold 222 shares at $25.51 per share price.On Oct 1, 2015, Russell Shaller (President Identification Solns) purchased 1,000 shares at $19.90 per share price.

Shares of Brady Corp (BRC) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.06% at $32.43 with 1,68,995 shares getting traded. Post opening the session at $32.29, the shares hit an intraday low of $32.175 and an intraday high of $32.5 and the price vacillated in this range throughout the day. The company has a market cap of $1,630 M and the number of outstanding shares has been calculated to be 5,02,62,374 shares. The 52-week high of Brady Corp is $32.76 and the 52-week low is $18.46.

Brady Corp Money Flow Index Chart

On May 18, 2016, Brady Corp announced a cash dividend of $0.2025. The company’s management has announced Jul 6, 2016 as the ex-dividend date and fixed the record date on Jul 8, 2016. The payable date has been fixed on Jul 29, 2016.

Brady Corporation is a manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises products and people. The Company has two segments: Identification Solutions (IDS) and Workplace Safety (WPS). The IDS segment includes identification and healthcare products that are manufactured under various brands including the Brady brand and are primarily sold through distribution to a range of maintenance repair and operations (MRO) and original equipment manufacturing (OEM) customers and through other channels including direct sales catalog marketing and digital. Its WPS segment includes workplace safety and compliance products which are sold under various brand names through catalog and digital to a range of MRO customers. It offers products for process industries government education construction automotive aerospace defense electrical contractors and other industries.

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