Acuity Brands Inc (AYI) Files Form 4 Insider Selling : Richard K Reece Sells 33,430 Shares

Acuity Brands Inc (AYI): Richard K Reece , EVP/Chief Financial Officer of Acuity Brands Inc sold 33,430 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 12, 2016 to the Securities and Exchange Commission. The shares were sold at $269.07 per share for a total value of $8,995,010.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 7, 2016, Mark A Black (EVP) sold 2,654 shares at $250.27 per share price.On Jul 5, 2016, Ray M Robinson (director) sold 786 shares at $248.55 per share price.Also, On Apr 25, 2016, Vernon J Nagel (Chairman, President, and CEO) sold 47,995 shares at $256.18 per share price.On Apr 14, 2016, Peter C Browning (director) sold 629 shares at $256.05 per share price.

Acuity Brands: On Monday, Jul 11, 2016 heightened volatility was witnessed in Acuity Brands which led to swings in the share price. The shares opened for trading at $265.65 and hit $270.9848 on the upside , eventually ending the session at $268.02, with a gain of 1.28% or 3.4 points. The heightened volatility saw the trading volume jump to 5,63,130 shares. The 52-week high of the share price is $270.9848 and the company has a market cap of $11,763 M . The 52-week low of the share price is at $168.33.

Acuity Brands Money Flow Index Chart

Acuity Brands Inc. (Acuity Brands) is the parent company of Acuity Brands Lighting Inc. (ABL) and other subsidiaries. Acuity Brands is a provider of lighting solutions for commercial institutional industrial infrastructure and residential applications throughout North America and select international markets. The Company’s lighting solutions include devices such as luminaires lighting controls power supplies prismatic skylights light-emitting diode (LED) lamps and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources including daylight and other devices controlled by software that monitors and manages light levels while optimizing energy consumption (collectively referred to herein as lighting solutions). On March 13 2013 the Company acquired eldoLED Europe BV.

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