Lennox International Inc (LII) Files Form 4 Insider Selling : Joseph William Reitmeier Sells 10,700 Shares

Lennox International Inc (LII): Joseph William Reitmeier , EVP & Chief Financial Officer of Lennox International Inc sold 10,700 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 21, 2016 to the Securities and Exchange Commission. The shares were sold at $151.11 per share for a total value of $1,614,974.88 , 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 21, 2016, Douglas L Young (EVP, President & COO RHC) sold 4,407 shares at $137.00 per share price.On Jun 2, 2016, John W Iii Norris (director) sold 1,000 shares at $136.84 per share price.Also, On Jun 1, 2016, Paul W Schmidt (director) sold 600 shares at $136.84 per share price.On May 26, 2016, Prakash Bedapudi (EVP, Chief Technology Officer) sold 7,500 shares at $136.27 per share price.

Lennox International: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Lennox International which led to swings in the share price. The shares opened for trading at $151.39 and hit $151.82 on the upside , eventually ending the session at $151, with a gain of 0.03% or 0.04 points. The heightened volatility saw the trading volume jump to 3,74,013 shares. The 52-week high of the share price is $151.82 and the company has a market cap of $6,564 M . The 52-week low of the share price is at $105.65.

Lennox International Money Flow Index Chart

Company has been under the radar of several Street Analysts.Lennox International is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 170 from a previous price target of $157 .The Rating was issued on Jul 19, 2016.

Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs manufactures and market a range of products for the heating ventilation air conditioning and refrigeration (HVACR) markets. The Company operates in three segments. The Residential Heating & Cooling segment’s products and services include furnaces air conditioners heat pumps packaged heating and cooling systems indoor air equipment comfort control products and replacement parts. The Commercial Heating & Cooling segment’s products and services include unitary heating and air conditioning equipment applied systems controls installation and service of commercial heating and cooling equipment. The Refrigeration segment’s products and services include condensing units unit coolers fluid coolers air cooled condensers air handlers process chillers controls compressorized racks supermarket display cases and systems.

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