Scansource Inc (SCSC) Files Form 4 Insider Selling : Charles R Whitchurch Sells 5,000 Shares

Scansource Inc (SCSC): Charles R Whitchurch , director of Scansource Inc sold 5,000 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $38.11 per share for a total value of $190,550.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Steven R Fischer (director) sold 10,000 shares at $38.79 per share price.On Feb 24, 2016, Michael L Baur (CEO) sold 53,506 shares at $37.12 per share price.Also, On Jun 5, 2015, John J. Ellsworth (VP, Gen Counsel &Corporate Sec) sold 5,775 shares at $39.42 per share price.On Mar 25, 2015, Gerald Lyons (SVP & Principal Acctg Officer) sold 1,000 shares at $41.01 per share price.

Shares of ScanSource (SCSC) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -0.65% at $38.23 with 1,89,021 shares getting traded. Post opening the session at $38.45, the shares hit an intraday low of $38.15 and an intraday high of $38.6 and the price vacillated in this range throughout the day. The company has a market cap of $981 M and the number of outstanding shares has been calculated to be 2,56,63,707 shares. The 52-week high of ScanSource is $42.54 and the 52-week low is $27.46.

ScanSource Money Flow Index Chart

ScanSource Inc. is a wholesale distributor of specialty technology products. The Company and its subsidiaries provide distribution services for technology manufacturers and sells to resellers in the specialty technology markets such as point-of-sale (POS) and barcode physical security and three dimensional (3D) printing and communications. The Company operates through two business segments: Worldwide Barcode & Security and Worldwide Communications & Services. The Barcode & Security distribution segment focuses on automatic identification and data capture (AIDC) POS electronic physical security and 3D printing technologies. The Company markets around 100000 products from around 300 hardware and software vendors to around 35000 reseller customers from its distribution centers. The Communications & Services distribution segment focuses on communications technologies and services. The Company operates in the United States Canada Latin America and Europe.

Leave a Reply

ScanSource - Is it time to Sell?

Top Brokerage Firms are advising their investors on ScanSource. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.