Weyerhaeuser Co (WY): Rhonda D Hunter , Sr. Vice President of Weyerhaeuser Co sold 3,292 shares on Jun 30, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $30.00 per share for a total value of $98,760.00 , 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 22, 2016, Rhonda D Hunter (Sr. Vice President) sold 6,500 shares at $29.12 per share price.On Jun 13, 2016, David P Bozeman (director) sold 1,929 shares at $30.30 per share price.Also, On Jun 8, 2016, Mark A Emmert (director) sold 9,536 shares at $31.25 per share price.On Dec 21, 2015, Denise M Merle (Senior Vice President) sold 2,580 shares at $30.74 per share price.
Weyerhaeuser Co: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Weyerhaeuser Co which led to swings in the share price. The shares opened for trading at $28.51 and hit $29.405 on the upside , eventually ending the session at $29.23, with a gain of 4.84% or 1.35 points. The heightened volatility saw the trading volume jump to 75,49,133 shares. The 52-week high of the share price is $32.715 and the company has a market cap of $21,837 M . The 52-week low of the share price is at $22.06.
Company has been under the radar of several Street Analysts.Weyerhaeuser Co is Upgraded by DA Davidson to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 29, 2016.Weyerhaeuser Co is Downgraded by DA Davidson to Neutral while Lowering the Price Target of the company shares to $ 33 from a previous price target of $34 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 9, 2016.
Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber as well as manufacturing distributing and selling products made from trees. The Company owns nearly 7 million acres of timberlands primarily in the United States and manages additional timberlands under long-term licenses in Canada. It is engaged in the manufacturing of wood and specialty cellulose fibers products. The Company’s operational segments include Timberlands Wood Products and Cellulose Fibers. The Company’s Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. The Wood Products segment manufactures and distributes wood products primarily in North America and Asia. The Cellulose Fibers segment is involved in the production of absorbent fluff pulp used in products such as diapers.