Brunswick Corp (BC): William Metzger , SR. VICE PRESIDENT AND CFO of Brunswick Corp sold 19,051 shares on Jul 15, 2016. The Insider selling transaction was reported by the company on Jul 18, 2016 to the Securities and Exchange Commission. The shares were sold at $49.52 per share for a total value of $943,422.69 , 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 1, 2016, John C Pfeifer (PRES MERCURY MARINE) sold 1,519 shares at $47.69 per share price.On Mar 2, 2016, B Russell Lockridge (VP & CHIEF HUMAN RES OFFICER) sold 11,528 shares at $43.01 per share price.Also, On Mar 2, 2016, Christopher F Dekker (V.P. GEN COUNSEL & SECRETARY) sold 5,631 shares at $43.93 per share price.On Feb 16, 2016, William Metzger (SR. VICE PRESIDENT AND CFO) sold 60 shares at $39.62 per share price.
Brunswick Corporation: On Friday, Jul 15, 2016 heightened volatility was witnessed in Brunswick Corporation which led to swings in the share price. The shares opened for trading at $48.87 and hit $49.87 on the upside , eventually ending the session at $49.23, with a gain of 1.69% or 0.82 points. The heightened volatility saw the trading volume jump to 12,45,422 shares. The 52-week high of the share price is $55.76 and the company has a market cap of $4,462 M . The 52-week low of the share price is at $36.05.
Company has been under the radar of several Street Analysts.Brunswick Corporation is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $51 .The Rating was issued on Apr 29, 2016.
Brunswick Corporation (Brunswick) is a designer manufacturer and marketer of recreation products including marine engines boats fitness and billiards equipment. The Company operates in three segments: Marine Engine Boat and Fitness. Brunswick’s engine-related products include outboard sterndrive and inboard engines; trolling motors; propellers; engine control systems and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness) which designs manufactures and markets a line of cardiovascular fitness equipment including treadmills total body cross-trainers stair climbers and stationary exercise bicycles and strength-training equipment under the Life Fitness Cybex and Hammer Strength brands.