Multi Color Corp (LABL): Floyd E Needham , Chief Operating Officer – CPG of Multi Color Corp sold 7,500 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 $63.31 per share for a total value of $474,828.75 , 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 3, 2016, Nigel A Vinecombe (Executive Chairman) sold 25,000 shares at $63.20 per share price.On Nov 24, 2015, Thomas M Mohr (director) sold 3,000 shares at $62.70 per share price.Also, On Jun 18, 2015, Floyd E Needham (Chief Operating Officer – CPG) sold 15,000 shares at $59.04 per share price.On Mar 24, 2015, Vadis A Rodato (Chief Operating Officer – W&S) sold 5,400 shares at $70.68 per share price.
Shares of Multi-Color Corporation (LABL) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -1.13 points or -1.80% at $61.78 with 1,22,497 shares getting traded. Post opening the session at $62.48, the shares hit an intraday low of $61.47 and an intraday high of $63.25 and the price vacillated in this range throughout the day. The company has a market cap of $1,039 M and the number of outstanding shares has been calculated to be 1,68,18,789 shares. The 52-week high of Multi-Color Corporation is $80.24 and the 52-week low is $40.155.
Multi-Color Corporation (Multi-Color) is engaged in label solutions business supporting brands including producers of home and personal care wine and spirit food and beverage healthcare and specialty consumer products. The Company serves international brand owners in North Central and South America Europe Australia New Zealand South Africa and China with a range of label technologies in Pressure Sensitive Glue-Applied (Cut and Stack) In-Mold Shrink Sleeve and Heat Transfer. The Company also provides a range of print methods including flexographic lithographic rotogravure letterpress and digital plus in-house prepress services. The Company provides graphics and pre-press services for its customers at all of its manufacturing locations. These services include the conversion of customer digital files and artwork into proofs production of print layouts and printing plates and product mock ups and samples for market research.