Hexcel Corp /de/ (HXL): Robert George Hennemuth , SVP, Human Resources of Hexcel Corp /de/ sold 2,495 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $45.00 per share for a total value of $112,275.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 22, 2016, Thierry Merlot (President, Aerospace – EMEA/AP) sold 8,600 shares at $45.01 per share price.On Aug 8, 2016, David Charles Hill (director) sold 1,188 shares at $44.47 per share price.Also, On Apr 27, 2016, Michael J Macintyre (Treasurer) sold 1,000 shares at $45.10 per share price.On Mar 23, 2016, Robert George Hennemuth (SVP, Human Resources) sold 12,388 shares at $45.00 per share price.
Hexcel Corporation: On Monday, Sep 12, 2016 heightened volatility was witnessed in Hexcel Corporation which led to swings in the share price. The shares opened for trading at $43.88 and hit $45.24 on the upside , eventually ending the session at $45.04, with a gain of 2.22% or 0.98 points. The heightened volatility saw the trading volume jump to 433,490 shares. The 52-week high of the share price is $48.33 and the company has a market cap of $4,166 M . The 52-week low of the share price is at $37.54.
Company has been under the radar of several Street Analysts.Hexcel Corporation is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 29, 2016.
Hexcel Corporation (Hexcel) is a composites company. The Company develops manufactures and markets lightweight structural materials including carbon fibers specialty reinforcements prepregs and other fiber-reinforced matrix materials honeycomb adhesives engineered honeycomb and composite structures for use in commercial aerospace space and defense and industrial markets. The Company operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers fabrics and specialty reinforcements prepregs and other fiber-reinforced matrix materials structural adhesives honeycomb molding compounds tooling materials polyurethane systems and laminates. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry.