Carriage Services Inc (CSV) Files Form 4 Insider Buying : Carl Benjamin Brink Buys 1,200 Shares

Carriage Services Inc (CSV): Carl Benjamin Brink , Principal Financial Officer of Carriage Services Inc purchased 1,200 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were purchased at $23.54 per share for a total value of $28,248.00 , 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, Barry K Fingerhut (director) sold 2,500 shares at $20.39 per share price.On Nov 5, 2015, Bryan Leibman (director) purchased 6,000 shares at $22.00 per share price.Also, On Aug 19, 2015, Viki K Blinderman (other) purchased 2,000 shares at $23.90 per share price.On Aug 11, 2015, Paul Donald Elliott (other) purchased 4,500 shares at $23.09 per share price.

Carriage Services: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Carriage Services which led to swings in the share price. The shares opened for trading at $23.4 and hit $23.67 on the upside , eventually ending the session at $23.65, with a gain of 0.47% or 0.11 points. The heightened volatility saw the trading volume jump to 61,763 shares. The 52-week high of the share price is $25.96 and the company has a market cap of $393 M . The 52-week low of the share price is at $19.03.

Carriage Services Money Flow Index Chart

Company has been under the radar of several Street Analysts.Carriage Services is Reiterated by Barrington Research to Outperform and the brokerage firm has raised the Price Target to $ 30 from a previous price target of $28 .The Rating was issued on Apr 26, 2016.Carriage Services is Initiated by Sidoti to Buy. The Rating was issued on Apr 22, 2016.

Carriage Services Inc. (Carriage) is a provider of death care services and merchandise in the United States. The Company operates in two segments: funeral home operations and cemetery operations. Its funeral homes operations segment provides funeral services (traditional burial and cremation) and sells related merchandise such as caskets and urns. Its cemeteries operation segment sells interment rights including grave sites and mausoleum spaces and related merchandise such as markers and outer burial containers. Carriage operates around 164 funeral homes in 27 states and 32 cemeteries in 11 states. It serves suburban and rural markets and provides funeral and cemetery services and products on both at-need (time of death) and preneed (planned prior to death) basis. It also maintains various trusts in connection with funeral home and cemetery operations including preneed funeral trusts preneed cemetery merchandise and service trusts and cemetery perpetual care trusts.

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