Alamo Group Inc (ALG): Geoff Davies , VP, Managing Dir Europe of Alamo Group Inc sold 3,000 shares on Jun 29, 2016. The Insider selling transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were sold at $63.07 per share for a total value of $189,210.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 28, 2016, Gary L Martin (director) purchased 1,000 shares at $59.10 per share price.On Jun 28, 2016, Eric Etchart (director) purchased 1,000 shares at $58.84 per share price.Also, On Jun 22, 2016, David W Grzelak (director) sold 4,102 shares at $62.78 per share price.On Jun 1, 2016, Jeffery Allen Leonard (VP & Gen Mgr Industrial Div) sold 500 shares at $61.06 per share price.
Alamo Group: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Alamo Group which led to swings in the share price. The shares opened for trading at $60.77 and hit $63.79 on the upside , eventually ending the session at $63.66, with a gain of 6.76% or 4.03 points. The heightened volatility saw the trading volume jump to 2,16,613 shares. The 52-week high of the share price is $65.31 and the company has a market cap of $728 M . The 52-week low of the share price is at $43.98.
Alamo Group Inc. is engaged in the design and manufacture of high quality agricultural equipment and infrastructure maintenance equipment for Governmental and industrial use. The Company’s products include tractor-mounted mowing and other vegetation maintenance equipment street sweepers excavators vacuum trucks snow removal equipment pothole patchers zero turn radius mowers (ZTR’s) agricultural implements and related aftermarket parts and services The Company sells its products through a network of independent dealers and distributors to Governmental end-users related independent contractors as well as to the agricultural and commercial turf markets. The Company operates in the United States England France Canada and Australia. The Company operates in the United States the United Kingdom France Canada and Australia.