Ingredion Inc (INGR) Files Form 4 Insider Selling : Jorgen Kokke Sells 10,658 Shares

Ingredion Inc (INGR): Jorgen Kokke , Sr VP & Pres, Asia-Pac & EMEA of Ingredion Inc sold 10,658 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $119.47 per share for a total value of $1,273,308.12 , 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, Diane J Frisch (Sr. VP, Human Resources) sold 6,400 shares at $118.99 per share price.On May 13, 2016, Jack C Fortnum (Exec. VP and CFO) sold 10,000 shares at $117.95 per share price.Also, On Aug 5, 2015, Matthew R Galvanoni (Vice Pres and Corp Controller) sold 2,200 shares at $89.63 per share price.On Aug 3, 2015, James P. Zallie (Ex VP Global Spec & Pres NA) sold 18,500 shares at $86.00 per share price.

Ingredion Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Ingredion Inc which led to swings in the share price. The shares opened for trading at $119.1 and hit $123.2399 on the upside , eventually ending the session at $123.05, with a gain of 2.90% or 3.47 points. The heightened volatility saw the trading volume jump to 8,74,008 shares. The 52-week high of the share price is $123.2399 and the company has a market cap of $8,858 M . The 52-week low of the share price is at $79.31.

Ingredion Inc Money Flow Index Chart

On May 18, 2016, Ingredion Inc announced a cash dividend of $0.4500. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 25, 2016.

Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries including packaged food beverage brewing industrial pharmaceutical and personal care customers. The Company operates in four business segments: North America South America Asia Pacific and EMEA. North America segment consists of operations in the United States Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular modified waxy and tapioca starches fructose and maltose syrups and syrup solids dextrins and maltodextrins dextrose specialty starches caramel color sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches glucose and dextrose in England Germany and Pakistan.

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