Ingredion Inc (INGR): James P. Zallie , Ex VP Global Spec & Pres Amer of Ingredion Inc sold 16,900 shares on Jul 6, 2016. The Insider selling transaction was reported by the company on Jul 8, 2016 to the Securities and Exchange Commission. The shares were sold at $132.00 per share for a total value of $2,230,800.00 , 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 10, 2016, Jorgen Kokke (Sr VP & Pres, Asia-Pac & EMEA) sold 10,658 shares at $119.47 per share price.On May 27, 2016, Diane J Frisch (Sr. VP, Human Resources) sold 6,400 shares at $118.99 per share price.Also, On May 13, 2016, Jack C Fortnum (Exec. VP and CFO) sold 10,000 shares at $117.95 per share price.On Aug 5, 2015, Matthew R Galvanoni (Vice Pres and Corp Controller) sold 2,200 shares at $89.63 per share price.
Ingredion Inc: On Tuesday, Jul 6, 2016 heightened volatility was witnessed in Ingredion Inc which led to swings in the share price. The shares opened for trading at $129.77 and hit $130.58 on the upside , eventually ending the session at $130.05, with a gain of 0.41% or 0.53 points. The heightened volatility saw the trading volume jump to 8,11,367 shares. The 52-week high of the share price is $130.62 and the company has a market cap of $9,362 M . The 52-week low of the share price is at $79.31.
Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries including packaged food beverage brewing industrial pharmaceutical and personal care customers. The Company operates in four business segments: North America South America Asia Pacific and EMEA. North America segment consists of operations in the United States Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular modified waxy and tapioca starches fructose and maltose syrups and syrup solids dextrins and maltodextrins dextrose specialty starches caramel color sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches glucose and dextrose in England Germany and Pakistan.