Summer Infant, Inc. (SUMR) Files Form 4 Insider Selling : William E Jr Mote Sells 3,500 Shares

Summer Infant, Inc. (SUMR): William E Jr Mote , Chief Financial Officer of Summer Infant, Inc. sold 3,500 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $2.11 per share for a total value of $7,355.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Dan Almagor (director) purchased 30,000 shares at $1.94 per share price.On Nov 13, 2015, Robin L Marino (director) purchased 20,000 shares at $1.95 per share price.Also, On Oct 26, 2015, Jason P Macari (10% owner) purchased 5,950 shares at $1.32 per share price.On Aug 12, 2015, Robert Stebenne (CEO) purchased 40,000 shares at $2.00 per share price.

Summer Infant: On Monday, Sep 12, 2016 heightened volatility was witnessed in Summer Infant which led to swings in the share price. The shares opened for trading at $2.1 and hit $2.18 on the upside , eventually ending the session at $2.1, with a gain of 0.96% or 0.02 points. The heightened volatility saw the trading volume jump to 20,412 shares. The 52-week high of the share price is $2.44 and the company has a market cap of $39 M . The 52-week low of the share price is at $1.22.

Summer Infant Money Flow Index Chart

Summer Infant Inc. (Summer) is a juvenile products company. The Company creates branded juvenile safety and infant care products (targeted for ages 0-3 years) that deliver a range of parenting solutions to families. The Company focuses on providing products to meet the lifestyle and demands of families who seek more opportunities to connect with their children. The Company sells products globally to national retailers as well as independent retailers and on the Internet through third-party Websites and its own Website. The Company’s portfolio of brands under which the Company markets all of its core products includes Summer Born Free and SwaddleMe. The Company markets over 1100 products in the categories including monitoring safety nursery baby gear and feeding products.

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