Monro Muffler Brake Inc (MNRO) Files Form 4 Insider Selling : Peter J Solomon Sells 19,000 Shares

Monro Muffler Brake Inc (MNRO): Peter J Solomon , director of Monro Muffler Brake Inc sold 19,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $61.42 per share for a total value of $1,166,890.75 , 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, Peter J Solomon (director) sold 6,000 shares at $62.18 per share price.On Jun 3, 2016, Elizabeth A. Wolszon (director) sold 4,400 shares at $61.26 per share price.Also, On Jun 3, 2016, Robert E Mellor (director) sold 10,000 shares at $62.13 per share price.On Jun 1, 2016, Donald Glickman (director) sold 3,334 shares at $63.02 per share price.

Monro Muffler Brake Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Monro Muffler Brake Inc which led to swings in the share price. The shares opened for trading at $61.37 and hit $62.245 on the upside , eventually ending the session at $61.92, with a gain of 0.32% or 0.2 points. The heightened volatility saw the trading volume jump to 2,31,039 shares. The 52-week high of the share price is $77 and the company has a market cap of $1,997 M . The 52-week low of the share price is at $56.15.

Monro Muffler Brake Inc Money Flow Index Chart

Monro Muffler Brake Inc. is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars light trucks and vans for brakes; mufflers and exhaust systems and steering drive train suspension and wheel alignment. As of March 28 2015 the Company operated a chain of 999 Company-operated stores one franchised location and 14 dealer-operated stores. It also provides other products and services including tires and routine maintenance services including state inspections. The Company is also engaged in repair and replacement of parts. The Company’s store provides a range of undercar repair services for brakes steering mufflers and exhaust systems drive train suspension and wheel alignment as well as tire replacement and service. These services apply to all makes and models of domestic and foreign cars light trucks and vans.

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