Greenbrier Companies Inc (GBX) Files Form 4 Insider Selling : Mark J Rittenbaum Sells 2,135 Shares

Greenbrier Companies Inc (GBX): Mark J Rittenbaum , EVP,Commercial,Leasing,Finance of Greenbrier Companies Inc sold 2,135 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $28.39 per share for a total value of $60,606.25 , 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 27, 2016, Mark J Rittenbaum (EVP,Commercial,Leasing,Finance) sold 2,016 shares at $29.08 per share price.On Apr 27, 2016, Martin Raymond Baker (SVP, GC, & Compliance Officer) sold 5,357 shares at $30.67 per share price.Also, On Apr 15, 2016, Alejandro Centurion (EVP and President, GMO) sold 10,000 shares at $31.84 per share price.On Apr 13, 2016, Lorie Tekorius (SVP, CFO & Treasurer) sold 1,355 shares at $31.23 per share price.

Shares of Greenbrier Companies Inc (GBX) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.45% at $28.57 with 3,21,806 shares getting traded. Post opening the session at $28.62, the shares hit an intraday low of $27.52 and an intraday high of $28.65 and the price vacillated in this range throughout the day. The company has a market cap of $803 M and the number of outstanding shares has been calculated to be 2,80,94,347 shares. The 52-week high of Greenbrier Companies Inc is $62.95 and the 52-week low is $19.89.

Greenbrier Companies Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Greenbrier Companies Inc is Reiterated by Cowen to Outperform while Lowering the Price Target of the company shares to $ 37 from a previous price target of $41 . The Rating was issued on Apr 6, 2016.Greenbrier Companies Inc is Downgraded by BB&T Capital Mkts to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 17, 2016.

The Greenbrier Companies Inc. (Greenbrier) formerly Greenbrier Co Inc. is a designer manufacturer and marketer of railroad freight car equipment in North America and Europe a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services railcar refurbishment and parts leasing and other services. The Company’s Manufacturing segment produces double-stack intermodal railcars conventional railcars tank cars and marine vessels. The Wheel Services Refurbishment & Parts segment performs wheel axle and bearing servicing; railcar repair refurbishment and maintenance activities and production and reconditioning of a range of parts for the railroad industry in North America. The Leasing & Services segment owns approximately 11000 railcars and provides management services for approximately 219000 railcars for railroads shippers carriers institutional investors and other leasing and transportation companies in North America.

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