Idex Corp /de/ (IEX): Daniel J Salliotte , SVP-Mergers/Acp & Treasury of Idex Corp /de/ sold 4,000 shares on May 31, 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 $83.27 per share for a total value of $333,094.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Eric D Ashleman (SVP – Chief Operating Officer) sold 15,650 shares at $83.66 per share price.On May 26, 2016, Jeffrey D Bucklew (SVP-Chief HR Officer) sold 5,000 shares at $83.68 per share price.Also, On May 26, 2016, Michael J Yates (VP-Chief Accounting Officer) sold 6,584 shares at $83.42 per share price.On May 24, 2016, Heath A Mitts (SVP – Chief Financial Officer) sold 4,354 shares at $82.25 per share price.
IDEX Corporation: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in IDEX Corporation which led to swings in the share price. The shares opened for trading at $83.16 and hit $84.1 on the upside , eventually ending the session at $83.93, with a gain of 0.71% or 0.59 points. The heightened volatility saw the trading volume jump to 1,60,924 shares. The 52-week high of the share price is $86.54 and the company has a market cap of $6,370 M . The 52-week low of the share price is at $65.45.
Company has been under the radar of several Street Analysts.IDEX Corporation is Initiated by KeyBanc Capital Mkts to Sector Weight. The Rating was issued on May 23, 2016.IDEX Corporation is Downgraded by Bernstein to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 4, 2016.
IDEX Corporation is an applied solutions business that sells pumps flow meters and other fluidics systems and components and engineered products. The Companys products include industrial pumps compressors flow meters injectors and valves and related controls for use in process applications; precision fluidics solutions including pumps valves degassing equipment corrective tubing fittings complex manifolds precision photonic solutions optical filters and specialty medical equipment and devices used in life science applications. The Company operates in three segments: Fluid & Metering Technologies (FMT) which designs produces and distributes positive displacement pumps flow meters and injectors; Health & Science Technologies (HST) which designs produces and distributes precision fluidics and rotary lobe pumps and Fire & Safety/Diversified Products (FSDP) which produces firefighting pumps and controls rescue tools.