Us Concrete Inc (USCR) Files Form 4 Insider Selling : William J Sandbrook Sells 6,500 Shares

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Us Concrete Inc (USCR): William J Sandbrook , President & CEO of Us Concrete Inc sold 6,500 shares on Feb 22, 2017. The Insider selling transaction was reported by the company on Feb 24, 2017 to the Securities and Exchange Commission. The shares were sold at $62.44 per share for a total value of $405,845.69 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 25, 2017, William J Sandbrook (President & CEO) sold 6,500 shares at $68.53 per share price.On Dec 23, 2016, Jeff L Davis (VP/GM- Central Concrete Sup Co) sold 6,000 shares at $66.27 per share price.Also, On Dec 14, 2016, Colin Mcgill Sutherland (director) sold 200 shares at $63.70 per share price.On Dec 12, 2016, Jeffrey W Roberts (VP & GM – Ingram Concrete, LLC) sold 2,324 shares at $64.00 per share price.

US Concrete Inc: On Wednesday, Feb 22, 2017 heightened volatility was witnessed in US Concrete Inc which led to swings in the share price. The shares opened for trading at $62.45 and hit $62.95 on the upside , eventually ending the session at $62.75, with a gain of 0.16% or 0.1 points. The heightened volatility saw the trading volume jump to 1,88,834 shares. The 52-week high of the share price is $70.4 and the company has a market cap of $985 M . The 52-week low of the share price is at $42.82.

US Concrete Inc Money Flow Index Chart

U.S. Concrete Inc. is a producer of ready-mixed concrete in select markets in the United States. The Company operates through two segments: ready-mixed concrete and aggregate products. Its ready-mixed concrete engages in the formulation production and delivery of ready-mixed concrete to its customers’ job sites. It provides ready-mixed concrete from its operations in north Texas west Texas northern California New Jersey New York Washington D.C. and Oklahoma. Its aggregate products segment produces crushed stone sand and gravel from seven aggregates facilities located in New Jersey and Texas. Its customers include contractors for commercial and industrial residential street and highway and other public works construction. It has approximately 139 ready-mixed concrete plants 16 volumetric ready-mixed concrete facilities and 12 producing aggregates facilities. Its Wantage Stone reserves a site development quarry which include an 80 acre land that is located in New Jersey.

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Robert Westfall

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