Summit Materials, Inc. (SUM) Files Form 4 Insider Selling : Thomas W. Hill Sells 183,581 Shares

Summit Materials, Inc. (SUM): Thomas W. Hill , President and CEO of Summit Materials, Inc. sold 183,581 shares on Jul 19, 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 $21.51 per share for a total value of $3,807,169.25 , 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 15, 2016, Thomas W. Hill (President and CEO) sold 10,000 shares at $21.45 per share price.On May 25, 2016, Michael John Brady (officer ) sold 35,228 shares at $21.85 per share price.Also, On May 18, 2016, Douglas Charles Rauh (officer ) sold 10,000 shares at $21.60 per share price.On Apr 21, 2016, Ted A Gardner (director) sold 572,804 shares at $20.00 per share price.

Summit Materials Inc: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Summit Materials Inc which led to swings in the share price. The shares opened for trading at $21.77 and hit $22.275 on the upside , eventually ending the session at $21.96, with a gain of 0.92% or 0.2 points. The heightened volatility saw the trading volume jump to 12,54,694 shares. The 52-week high of the share price is $27.89 and the company has a market cap of $2,563 M . The 52-week low of the share price is at $13.12.

Summit Materials Inc Money Flow Index Chart

Summit Materials Inc. is a construction material company. The Company offers construction materials and related downstream products. The Company’s materials include aggregates which it supplies across the country with a focus on Texas Kansas Kentucky Utah and Missouri and cement which the Company supplies in Missouri Iowa and Illinois. In addition to supplying aggregates it uses its materials to produce ready-mixed concrete and asphalt paving mix. The Company operates through three segments: West Central and East. The Company’s West region includes operations in Texas the Mountain states of Utah Colorado Idaho and Wyoming and in British Columbia Canada. The Company’s Central region extends across the Midwestern United States including Kansas Missouri Nebraska Iowa and Illinois. The Company’s East region serves markets in Kentucky South Carolina North Carolina Tennessee and Virginia.

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