Starrett L S Co (SCX): Francis J O’brien , CFO of Starrett L S Co purchased 1,833 shares on Sep 2, 2016. The Insider buying transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.86 per share for a total value of $19,906.38 , 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 16, 2016, Stephen F Walsh (director) purchased 833 shares at $10.86 per share price.On Sep 16, 2016, Ralph C Lawrence (director) purchased 1,100 shares at $10.86 per share price.Also, On Sep 16, 2016, Richard Kennedy (director) purchased 1,100 shares at $10.86 per share price.On Sep 16, 2016, David A Lemoine (director) purchased 1,100 shares at $10.86 per share price.
L S Starrett Co: On Thursday, Sep 22, 2016 heightened volatility was witnessed in L S Starrett Co which led to swings in the share price. The shares opened for trading at $9.971 and hit $10.149 on the upside , eventually ending the session at $10.06, with a gain of 1.72% or 0.17 points. The heightened volatility saw the trading volume jump to 6,748 shares. The 52-week high of the share price is $13.71 and the company has a market cap of $71 M . The 52-week low of the share price is at $8.4.
The L.S. Starrett Company (Starrett) is engaged in the business of manufacturing over 5000 different products for industrial professional and consumer markets. The company operates five manufacturing plants. Its domestic locations are Athol Massachusetts and Mt. Airy North Carolina and international operations are located in Itu Brazil; Jedburgh Scotland and Suzhou China. The Company offers a range of measuring and cutting products. The Company is engaged in the single business segment of producing and marketing industrial professional and consumer products. The subsidiaries located in Brazil Scotland and China are engaged in manufacturing and distribution of precision measuring tools saw blades optical and vision measuring equipment and hand tools. Subsidiaries in Canada Australia New Zealand Mexico Germany and Singapore are engaged in distribution of the Company’s products.