Leggett & Platt Inc (LEG): Matthew C Flanigan , Executive Vice President – CFO of Leggett & Platt Inc sold 20,000 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $51.01 per share for a total value of $1,020,200.00 , 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 6, 2016, Matthew C Flanigan (Executive Vice President – CFO) sold 20,000 shares at $51.01 per share price.On May 27, 2016, Dennis S Park (Senior Vice President) sold 2,000 shares at $49.51 per share price.Also, On May 25, 2016, Robert Ted Iii Enloe (director) sold 4,103 shares at $49.00 per share price.On May 3, 2016, John G. Moore (SVP – Chief Legal & HR Officer) sold 3,637 shares at $49.50 per share price.
Shares of Leggett & Platt (LEG) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.75 points or -1.47% at $50.26 with 7,65,864 shares getting traded. Post opening the session at $50.75, the shares hit an intraday low of $50.15 and an intraday high of $51 and the price vacillated in this range throughout the day. The company has a market cap of $6,751 M and the number of outstanding shares has been calculated to be 13,43,26,000 shares. The 52-week high of Leggett & Platt is $51.28 and the 52-week low is $36.64.
On May 17, 2016, Leggett & Platt announced a cash dividend of $0.3400. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jul 15, 2016.
Leggett & Platt Incorporated is a manufacturer that conceives designs and produces a range of engineered components and products found in homes offices automobiles and commercial aircraft. The Company operates in four segments: Residential Furnishings segment which manufactures steel coiled bedsprings; Commercial Fixturing & Components segment which include work furniture group that designs manufactures and distributes a range of engineered components and products primarily for the office seating market; Industrial Materials segment consists of wire group which operates a steel rod mill and tubing group which supplies welded steel tubing and Specialized Products segment designs manufactures and sells products including automotive seating components specialized machinery and equipment and service van interiors. Its brands include Semi-Flex ComfortCore Mira-Coil Lura-Flex Superlastic Super Sagless Tack & Jump Schukra Gribetz Masterack and Hanes among others.