Prestige Brands Holdings, Inc. (PBH): Paul Migaki , officer of Prestige Brands Holdings, Inc. sold 26,877 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 $54.51 per share for a total value of $1,465,065.25 , 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 1, 2016, Samuel C Cowley (General Counsel and VP) sold 32,599 shares at $54.67 per share price.On Jun 1, 2016, Jean A Boyko (SVP, Science and Technology) sold 3,500 shares at $53.78 per share price.Also, On Jun 17, 2015, John Parkinson (Senior VP- International) sold 16,695 shares at $44.99 per share price.On Jun 2, 2015, Matthew Mannelly (President and CEO) sold 19,670 shares at $44.10 per share price.
Shares of Prestige Brands Holdings (PBH) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.11% at $53.98 with 4,25,948 shares getting traded. Post opening the session at $54.01, the shares hit an intraday low of $53.6507 and an intraday high of $54.11 and the price vacillated in this range throughout the day. The company has a market cap of $2,848 M and the number of outstanding shares has been calculated to be 5,27,59,363 shares. The 52-week high of Prestige Brands Holdings is $58.085 and the 52-week low is $42.41.
Company has been under the radar of several Street Analysts.Prestige Brands Holdings is Initiated by KeyBanc Capital Mkts to Overweight and the brokerage firm has set the Price Target at $60. The Rating was issued on Mar 8, 2016.
Prestige Brands Holdings Inc. (Prestige) is a holding company. The Company is engaged in the marketing sales and distribution of brand name over-the-counter (OTC) healthcare and household cleaning products to mass merchandisers drug stores supermarkets and club convenience and dollar stores in North America (the United States and Canada) and in Australia and certain other international markets. The Company operates through three segments: North American OTC Healthcare International OTC Healthcare and Household Cleaning. The Company’s major brands include Chloraseptic Clear Eyes Compound W Dramamine Efferdent Little Remedies Luden’s The Doctor’s NightGuard The Doctor’s Brushpicks BC/Goody’s Beano Debrox Gaviscon Dermoplast New-Skin Fiber Choice Ecotrin Fess Hydralyte Monistat e.p.t Nix Chore Boy Comet and Spic and Span. The Company distributes across major retail channels including mass merchandisers food drug dollar convenience and club stores.