Granite Construction Inc (GVA) Files Form 4 Insider Selling : William Glenwood Dorey Sells 15,000 Shares

Granite Construction Inc (GVA): William Glenwood Dorey , director of Granite Construction Inc sold 15,000 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $43.18 per share for a total value of $647,700.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, James Hildebrand Roberts (Director, President & CEO) sold 2,830 shares at $43.09 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.

Shares of Granite Construction (GVA) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.29 points or -0.67% at $42.95 with 2,16,645 shares getting traded. Post opening the session at $43.18, the shares hit an intraday low of $42.58 and an intraday high of $43.56 and the price vacillated in this range throughout the day. The company has a market cap of $1,700 M and the number of outstanding shares has been calculated to be 3,95,73,479 shares. The 52-week high of Granite Construction is $48.59 and the 52-week low is $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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