Mentor Graphics Corp (MENT): Gregory K Hinckley , President of Mentor Graphics Corp sold 32,396 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $21.37 per share for a total value of $692,302.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 19, 2016, Carl C Icahn (other) sold 8,060,145 shares at $18.12 per share price.On Jan 8, 2016, Patrick Mcmanus (director) purchased 2,000 shares at $17.13 per share price.Also, On Dec 10, 2015, Dean Freed (Vice President) purchased 4,000 shares at $17.47 per share price.On Dec 7, 2015, J Daniel Mccranie (director) purchased 10,000 shares at $17.60 per share price.
Mentor Graphics Corp: On Friday, May 27, 2016 heightened volatility was witnessed in Mentor Graphics Corp which led to swings in the share price. The shares opened for trading at $21.36 and hit $21.54 on the upside , eventually ending the session at $21.53, with a gain of 0.70% or 0.15 points. The heightened volatility saw the trading volume jump to 7,89,694 shares. The 52-week high of the share price is $28.09 and the company has a market cap of $2,302 M . The 52-week low of the share price is at $16.1.
On May 19, 2016, Mentor Graphics Corp announced a cash dividend of $0.0550. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 30, 2016.
Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design analysis and testing of complex electro-mechanical systems electronic hardware and embedded systems software in electronic systems and components. The Company’s products are used in the design and development of a diverse set of electronic products including automotive electronics computers and workstations digital cameras cellular telephones medical devices smart phones industrial electronics and manufacturing systems. The Company segregated revenues into five categories of similar products and services: Scalable Verification IC Design to Silicon Integrated System Design New and Emerging Products and Services and Other.