Span America Medical Systems Inc (SPAN): Thomas D Henrion , director of Span America Medical Systems Inc sold 2,000 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $18.32 per share for a total value of $36,640.00 , 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 11, 2016, Terry Allison Rappuhn (director) purchased 500 shares at $17.29 per share price.On Feb 2, 2016, Reagan James R O (VP – R&D and Engineering) sold 619 shares at $19.50 per share price.Also, On Dec 29, 2015, Thomas D Henrion (director) sold 453 shares at $19.53 per share price.On Dec 29, 2015, Robert E Ackley (VP – Custom Products) sold 1,000 shares at $19.50 per share price.
Span-America Medical Systems: On Friday, Jun 10, 2016 heightened volatility was witnessed in Span-America Medical Systems which led to swings in the share price. The shares opened for trading at $18.35 and hit $18.37 on the upside , eventually ending the session at $18.37, with a gain of 2.06% or 0.37 points. The heightened volatility saw the trading volume jump to 2,650 shares. The 52-week high of the share price is $20 and the company has a market cap of $50 M . The 52-week low of the share price is at $16.44.
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 Companys 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 Companys custom products segment includes consumer bedding products and engineered industrial products. The Companys 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.