Belden Inc. (BDC) Files Form 4 Insider Selling : Ross Rosenberg Sells 2,274 Shares

Belden Inc. (BDC): Ross Rosenberg , SVP, Bus. Dev. & Strategy of Belden Inc. sold 2,274 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $74.00 per share for a total value of $168,276.00 , 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 14, 2016, Ross Rosenberg (SVP, Bus. Dev. & Strategy) sold 713 shares at $69.00 per share price.On Feb 26, 2016, Glenn Kalnasy (director) sold 3,500 shares at $53.13 per share price.Also, On Aug 3, 2015, Doug Zink (VP and CAO) purchased 510 shares at $59.09 per share price.On Aug 3, 2015, John M Monter (director) purchased 8,580 shares at $59.11 per share price.

Shares of Belden (BDC) ended Monday, Jul 18, 2016 session in red amid volatile trading. The shares closed down -0.41 points or -0.59% at $69.06 with 3,24,029 shares getting traded. Post opening the session at $69.21, the shares hit an intraday low of $68.72 and an intraday high of $69.46 and the price vacillated in this range throughout the day. The company has a market cap of $2,905 M and the number of outstanding shares has been calculated to be 4,20,71,617 shares. The 52-week high of Belden is $74.67 and the 52-week low is $36.51.

Belden Money Flow Index Chart

Belden Inc. is a signal transmission solutions provider. The Company’s portfolio of signal transmission solutions provides industry secure and reliable transmission of data sound and video for mission critical applications. The Company operates in four segments: Broadcast Solutions which provides production distribution and connectivity systems for television broadcast cable satellite and IPTV industries; Enterprise Connectivity Solutions which provides network infrastructure solutions for enterprise customers; Industrial Connectivity Solutions which provides infrastructure components and connectivity systems for a range of industrial automation applications and Industrial IT Solutions which provides mission-critical networking systems. Its brands include Belden Alpha Wire Mohawk West Penn Wire Hirschmann SignalTight GarrettCom Poliron Tofino PPC Grass Valley ProSoft Technology and Tripwire. It sells products to distributors end-users installers and OEMs.

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