Spectrum Brands Holdings, Inc. (SPB) Files Form 4 Insider Buying : David M Maura Buys 4,350 Shares

Spectrum Brands Holdings, Inc. (SPB): David M Maura , Executive Chairman of Spectrum Brands Holdings, Inc. purchased 4,350 shares on Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $114.52 per share for a total value of $498,162.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 12, 2016, David M Maura (Executive Chairman) purchased 1,000 shares at $90.15 per share price.On Dec 4, 2015, Andreas Rouve (President, International & COO) sold 19,324 shares at $95.25 per share price.Also, On Dec 3, 2015, Group, Inc. Hrg (10% owner other) purchased 98,863 shares at $95.25 per share price.On Dec 3, 2015, Nathan E Fagre (SVP, GC and Secretary) sold 13,178 shares at $95.11 per share price.

Shares of Spectrum Brands Holdings (SPB) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.72 points or -0.61% at $116.76 with 3,55,717 shares getting traded. Post opening the session at $116.9, the shares hit an intraday low of $115.58 and an intraday high of $116.905 and the price vacillated in this range throughout the day. The company has a market cap of $6,936 M and the number of outstanding shares has been calculated to be 5,94,02,165 shares. The 52-week high of Spectrum Brands Holdings is $119.68 and the 52-week low is $87.65.

Spectrum Brands Holdings Money Flow Index Chart

Company has been under the radar of several Street Analysts.Spectrum Brands Holdings is Reiterated by Monness Crespi & Hardt to Buy and the brokerage firm has raised the Price Target to $ 125 from a previous price target of $114 .The Rating was issued on Apr 29, 2016.

Spectrum Brands Holdings Inc. (SB Holdings) is a consumer products company. The Company supplies consumer batteries residential locksets residential builder’s hardware plumbing and accessories shaving and grooming products personal care products small household appliances specialty pet supplies lawn and garden and home pest control products personal insect repellents and auto care products. The Company operates in segments which include Global Batteries & Appliances Hardware and Home Improvement Global Pet Supplies Home and Garden and Global Auto Care. The Company manufactures and markets alkaline zinc carbon and hearing aid batteries as well as aquariums and aquatic health supplies and the designing and marketing of rechargeable batteries and electric shavers among others. The Company also offers Armor All STP and A/C PRO brands.

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