Nci Building Systems Inc (NCS) Files Form 4 Insider Selling : Mark E Johnson Sells 16,424 Shares

Nci Building Systems Inc (NCS): Mark E Johnson , EVP, CFO & Treasurer of Nci Building Systems Inc sold 16,424 shares on Jul 12, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $17.02 per share for a total value of $279,582.47 , 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 12, 2016, Todd R Moore (EVP, GC & Secretary) sold 3,439 shares at $17.00 per share price.On Jul 11, 2016, Mark E Johnson (EVP, CFO & Treasurer) sold 133,815 shares at $16.51 per share price.Also, On Jul 6, 2016, Eric James Brown (EVP & CIO) sold 10,000 shares at $16.15 per share price.On Jun 27, 2016, Norman C Chambers (Chairman & CEO) sold 6,400 shares at $14.95 per share price.

NCI Building Systems Inc: On Monday, Jul 11, 2016 heightened volatility was witnessed in NCI Building Systems Inc which led to swings in the share price. The shares opened for trading at $16.4 and hit $17 on the upside , eventually ending the session at $16.98, with a gain of 3.60% or 0.59 points. The heightened volatility saw the trading volume jump to 3,93,562 shares. The 52-week high of the share price is $17 and the company has a market cap of $1,240 M . The 52-week low of the share price is at $9.07.

NCI Building Systems Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.NCI Building Systems Inc is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 18 from a previous price target of $17 .The Rating was issued on Jun 2, 2016.NCI Building Systems Inc is Initiated by FBR Capital to Outperform and the brokerage firm has set the Price Target at $17. The Rating was issued on Jun 1, 2016.NCI Building Systems Inc is Downgraded by DA Davidson to Neutral and the brokerage firm has set the Price Target at $16. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 19, 2016.

NCI Building Systems Inc. is a manufacturer and marketer of metal products for the nonresidential construction industry. The Company provides metal coil coating services for commercial and construction applications servicing customers. The Company design engineers manufactures and markets metal components and engineered building systems in the industry. The Company operates in three segments including metal coil coating metal components and engineered building systems. The metal coil coating segment consists of cleaning treating painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users. The metal components segment products include metal roof and wall panels doors metal partitions metal trim insulated panels and other related accessories. The engineered building systems segment includes the manufacturing of main frames Long-Bay Systems and value-added engineering and drafting.

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