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Insider Trading at MH-related Firms

March 22nd, 2016

stock_exchange_electronic_boar__neurolog_dash_kielceIn insider trading, Drew Industries, Inc. (NYSE:DW) insider Nick C. Fletcher sold 878 shares of Drew at an average price of $63.93 for a total value of $56,130.54.

The company reported a quarterly dividend for shareholders of record April 1, 2016 of $0.30 per share to be paid on April 15, 2016, representing a $1.20 annualized dividend. The yield, according to sfhfm, is $1.88%. Drew’s stock was off -1.28% to close at $62.64 in today’s session.

As MHProNews knows, based in Elkhart, Indiana, Drew is a component supplier to the manufactured home and recreational vehicle industries.

Meanwhile, across the country in Phoenix, AZ Cavco Industries, Inc. (NASDAQ:CVCO) Director Steven G. Bunger sold 5,500 shares of company stock at an average price of $89.82 for a total transaction of $494,010. Bunger now owns 2,500 shares of Cavco valued at $224,500.

Shares of Cavco in today’s trading slipped -0.62% to close at $87.89. Cavco produces manufactured and modular homes, modular commercial buildings and park models.

Returning to Elkhart, CEO Todd M. Cleveland of Patrick Industries, Inc. (NASDAQ:PATK) sold 1,515 shares pf company stock at an average price of $43.01 for a transaction value of $65,160.15. Cleveland now owns 409,898 shares of the company’s stock, valued at approximately $17,629,712.98. In today’s trading, Patrick gained +1.12% to close at $45.11.

Patrick Industries is a component supplier to the manufactured home and recreational vehicle industries.##

(Photo credit: neurolog-kielce–electronic stock exchange board)

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Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

 


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