Span America Medical Systems Inc (SPAN) Files Form 4 Insider Selling : Richard C Coggins Sells 2,000 Shares

Span America Medical Systems Inc (SPAN): Richard C Coggins , CFO of Span America Medical Systems Inc sold 2,000 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were sold at $18.24 per share for a total value of $36,438.25 , 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 14, 2016, Thomas D Henrion (director) sold 2,000 shares at $18.32 per share price.On May 11, 2016, Terry Allison Rappuhn (director) purchased 500 shares at $17.29 per share price.Also, On Feb 2, 2016, Reagan James R O (VP – R&D and Engineering) sold 619 shares at $19.50 per share price.On Dec 29, 2015, Robert E Ackley (VP – Custom Products) sold 1,000 shares at $19.50 per share price.

Shares of Span-America Medical Systems (SPAN) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -0.38% at $18.43 with 2,438 shares getting traded. Post opening the session at $18.42, the shares hit an intraday low of $17.6401 and an intraday high of $18.5 and the price vacillated in this range throughout the day. The company has a market cap of $50 M and the number of outstanding shares has been calculated to be 27,34,468 shares. The 52-week high of Span-America Medical Systems is $20 and the 52-week low is $16.44.

Span-America Medical Systems Money Flow Index Chart

Span-America Medical Systems Inc. manufactures and distributes therapeutic support surfaces and related products. The Company operates in two business segments: medical and custom products. The Company utilizes polyurethane and other foam products for manufacturing the products and distributing in the medical consumer and industrial markets. The Company’s medical products consist of polyurethane foam mattress overlays therapeutic support surfaces patient positioners medical beds tables and related in-room furnishings as well as seating Selan skin care and fall protection products. The Company’s custom products segment includes consumer bedding products and engineered industrial products. The Company’s industrial product line consists of specially engineered foam products used in a variety of markets including the automotive packaging durable goods electronics and water sports equipment industries.

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