Greif Inc (GEF): Gary R Martz , Executive VP & General Counsel of Greif Inc sold 3,500 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $37.80 per share for a total value of $132,300.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 15, 2016, Lawrence A. Hilsheimer (CFO) purchased 36,560 shares at $27.28 per share price.On Mar 15, 2016, Peter G Watson (CEO) purchased 3,665 shares at $27.14 per share price.Also, On Dec 17, 2015, Bruce A Edwards (director) purchased 2,000 shares at $45.09 per share price.On Oct 7, 2015, Gary R Martz (Executive VP & General Counsel) sold 4,500 shares at $33.00 per share price.
Greif: On Friday, Jul 8, 2016 heightened volatility was witnessed in Greif which led to swings in the share price. The shares opened for trading at $37.47 and hit $38.43 on the upside , eventually ending the session at $38.32, with a gain of 3.60% or 1.33 points. The heightened volatility saw the trading volume jump to 2,41,318 shares. The 52-week high of the share price is $40.91 and the company has a market cap of $1,831 M . The 52-week low of the share price is at $23.88.
Greif Inc. is a producer of industrial packaging products and services. The Company’s products include steel fiber and plastic drums rigid intermediate bulk containers closure systems transit protection products water bottles and reconditioned industrial containers and offers services such as container life cycle management blending filling logistics warehousing and other packaging services. The Company operates in four business segments: Rigid Industrial Packaging & Services; Flexible Products & Services; Paper Packaging and Land Management. The Company sells its rigid industrial packaging products to customers in industries such as chemicals paints and pigments food and beverage petroleum industrial coatings agricultural pharmaceutical and mineral among others. The Company has manufacturing facilities located in over 50 countries.