Alexander & Baldwin, Inc. (ALEX): Stanley M Kuriyama , Executive Chairman of Alexander & Baldwin, Inc. sold 4,250 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $38.35 per share for a total value of $162,972.20 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 10, 2016, Stanley M Kuriyama (Executive Chairman) sold 4,250 shares at $40.82 per share price.On Jun 14, 2016, David C Hulihee (director) purchased 3,000 shares at $36.92 per share price.Also, On Sep 2, 2015, Meredith J Ching (Sr. Vice Pres. Gov’t Rel.) purchased 150 shares at $33.50 per share price.On Jul 8, 2015, W Allen Jr Doane (director) sold 3,600 shares at $40.00 per share price.
Alexander & Baldwin Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Alexander & Baldwin Inc which led to swings in the share price. The shares opened for trading at $38.37 and hit $38.77 on the upside , eventually ending the session at $38.67, with a gain of 0.49% or 0.19 points. The heightened volatility saw the trading volume jump to 116,491 shares. The 52-week high of the share price is $42.8 and the company has a market cap of $1,895 M . The 52-week low of the share price is at $28.82.
Company has been under the radar of several Street Analysts.Alexander & Baldwin Inc is Downgraded by JMP Securities to Mkt Perform. Earlier the firm had a rating of Mkt Outperform on the company shares. The Rating was issued on Aug 26, 2016.
Alexander & Baldwin Inc. (A&B) is a company engaged in real estate development real estate leasing materials and construction and agribusiness. The Company operates in four segments: Real Estate Development and Sales Real Estate Leasing Materials and Construction and Agribusiness. The Real Estate Development and Sales segment generates its revenues through a program of land stewardship planning entitlement development real estate investment and sale of land and commercial and residential properties in Hawaii. The Real Estate Leasing segment owns operates and manages a portfolio of 60 retail office and industrial properties in Hawaii and on the Mainland totaling 5.1 million square feet of gross leasable area (GLA). The Materials and Construction segment performs asphalt paving as prime contractor and subcontractor. The Agribusiness segment produces bulk raw sugar specialty food grade sugars and molasses.