Smith & Wesson Holding Corp (SWHC) Files Form 4 Insider Selling : Mark Peter Smith Sells 21,507 Shares

Smith & Wesson Holding Corp (SWHC): Mark Peter Smith , officer of Smith & Wesson Holding Corp sold 21,507 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were sold at $27.07 per share for a total value of $582,231.06 , 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 5, 2016, Robert J. Cicero (officer ) sold 20,386 shares at $27.07 per share price.On Jul 5, 2016, Jeffrey D Buchanan (officer ) sold 58,645 shares at $27.95 per share price.Also, On Jun 21, 2016, Mark Peter Smith (officer ) sold 3,645 shares at $23.85 per share price.On Mar 23, 2016, Robert L Scott (director) sold 10,000 shares at $28.87 per share price.

Smith & Wesson Holding Corp: On Friday, Jul 1, 2016 heightened volatility was witnessed in Smith & Wesson Holding Corp which led to swings in the share price. The shares opened for trading at $27.21 and hit $27.9361 on the upside , eventually ending the session at $27.77, with a gain of 2.17% or 0.59 points. The heightened volatility saw the trading volume jump to 28,54,757 shares. The 52-week high of the share price is $30.44 and the company has a market cap of $1,555 M . The 52-week low of the share price is at $14.71.

Smith & Wesson Holding Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Smith & Wesson Holding Corp is Upgraded by Craig Hallum to Buy and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $26 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jun 17, 2016.Smith & Wesson Holding Corp is Reiterated by Wedbush to Neutral while Lowering the Price Target of the company shares to $ 23 from a previous price target of $26 . The Rating was issued on Jun 10, 2016.Smith & Wesson Holding Corp is Initiated by Craig Hallum to Hold. The Rating was issued on Apr 12, 2016.

Smith & Wesson Holding Corporation is a manufacturer of firearms. The Company manufactures an array of handguns including revolvers and pistols; long guns including modern sporting rifles bolt action rifles and single shot rifles; handcuffs and firearm-related products and accessories. The Company operates through two segments: firearms and accessories. The firearm segment consists of products and services manufactured and sold from its Springfield Massachusetts; Houlton Maine and Deep River Connecticut facilities which includes firearms handcuffs and other related products. The Company sells the products through a distribution chain and direct sales to consumers and international state and federal Governments. The accessories segment consists of hunting and shooting accessories developed and marketed from its Columbia Missouri facility. The Company also provides shooting reloading gunsmithing and gun cleaning supplies.

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