Granite Construction Inc (GVA) Files Form 4 Insider Selling : James Hildebrand Roberts Sells 2,830 Shares

Granite Construction Inc (GVA): James Hildebrand Roberts , Director, President & CEO of Granite Construction Inc sold 2,830 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $43.09 per share for a total value of $122,016.02 , 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 26, 2016, James Hildebrand Roberts (Director, President & CEO) sold 10,000 shares at $42.33 per share price.On May 6, 2016, Michael Francis Donnino (Senior Vice President) sold 10,000 shares at $43.26 per share price.Also, On Mar 3, 2016, William Glenwood Dorey (director) sold 15,000 shares at $44.08 per share price.On Mar 2, 2016, David H Kelsey (director) sold 5,000 shares at $42.10 per share price.

Granite Construction: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Granite Construction which led to swings in the share price. The shares opened for trading at $42.64 and hit $43.59 on the upside , eventually ending the session at $43.35, with a gain of 0.98% or 0.42 points. The heightened volatility saw the trading volume jump to 2,54,786 shares. The 52-week high of the share price is $48.59 and the company has a market cap of $1,716 M . The 52-week low of the share price is at $28.45.

Granite Construction Money Flow Index Chart

Granite Construction Incorporated (Granite) is a heavy civil contractors and construction materials producer in the United States. The Company operates through segments including Construction Large Project Construction and Construction Materials. The Company operates across the nation serving both public and private sector clients. Within the public sector it concentrates on heavy-civil infrastructure projects including the construction of streets roads highways mass transit facilities airport infrastructure bridges trenchless and underground utilities power-related facilities utilities tunnels dams and other infrastructure-related projects. Within the private sector the Company offers site preparation and infrastructure services for residential development energy development commercial and industrial sites and other facilities as well as provides construction management professional services.

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