Lawson Products Inc/new/de/ (LAWS) Files Form 4 Insider Buying : Thomas Postek Buys 10,000 Shares

Lawson Products Inc/new/de/ (LAWS): Thomas Postek , director of Lawson Products Inc/new/de/ purchased 10,000 shares on Sep 9, 2016. The Insider buying transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.13 per share for a total value of $161,277.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, Shane Mccarthy (SVP Supply Chain & Bus. Devel.) sold 1,966 shares at $15.79 per share price.On Sep 7, 2016, Neil E Jenkins (EVP, Gen Counsel & Compliance) sold 503 shares at $17.00 per share price.Also, On Mar 3, 2016, Thomas Postek (director) purchased 10,000 shares at $17.43 per share price.On Feb 26, 2016, Lee S Hillman (director) purchased 1,000 shares at $16.94 per share price.

Lawson Products: On Monday, Sep 12, 2016 heightened volatility was witnessed in Lawson Products which led to swings in the share price. The shares opened for trading at $15.86 and hit $16.3195 on the upside , eventually ending the session at $16.25, with a gain of 1.06% or 0.17 points. The heightened volatility saw the trading volume jump to 21,502 shares. The 52-week high of the share price is $29.64 and the company has a market cap of $143 M . The 52-week low of the share price is at $15.23.

Lawson Products Money Flow Index Chart

Company has been under the radar of several Street Analysts.Lawson Products is Downgraded by Barrington Research to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 22, 2016.

Lawson Products Inc. (Lawson) is a distributor of products and services the industrial commercial institutional and government maintenance repair and operations (MRO) market. The Company’s product categories include fastening systems fluid power specialty chemicals cutting tools and abrasives electrical aftermarket automotive supplies safety welding and metal repair and other. The Company offers approximately 300000 different core products for sale of which approximately 50000 products are maintained in its distribution centers. The Company’s distribution centers are located in McCook Illinois; Suwanee Georgia; Fairfield New Jersey; Reno Nevada and in Mississauga Ontario Canada. The Company’s customers operate in a range of industries including automotive repair commercial vehicle maintenance government manufacturing food processing distribution construction oil and gas mining wholesale and service and others.

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