According to a recent disclosure, two of PPGs senior management have sold substantial amounts of company shares.
Cynthia A Niekamp, Sr. VP, Automotive Coatings of PPG Industries Inc sold 7,200 shares on Oct 30, 2015, at $104.35 per share for a total value of $751,338.75.
The Executive Chairman of Board, Charles E Bunch had unloaded 12,000 shares at $103.75 per share in a transaction on October 26, 2015. The total value of that transaction was $1,245,000.
Currently company insiders own 0.58% of PPG Industries, Inc. shares according to the proxy statements. In the past 12 weeks, the net percent change held by company insiders has changed by -1.6% . Institutional Investors own 72.06% of PPG Industries, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -3.25%.
Shares ended the Friday session in red amid volatile trading. The shares closed down 0.02 points or 0.02% at $104.26 with 1,519,924 shares getting traded. Post opening the session at $104.58, the shares hit an intraday low of $103.68 and an intraday high of $104.78 and the price vacillated in this range throughout the day. The company has a market cap of $28,074 million and the number of outstanding shares have been calculated to be 269,269,200 shares. The 52-week high of PPG Industries, Inc. is $118.95 and the 52-week low is $82.93.
PPG Industries, Inc. has dropped 3.02% during the last 3-month period . Year-to-Date the stock performance stands at -8.93%.Shares rose by 0.26% in the past week and 12.52% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 0.06% and the outperformance increases to 5.59% for the last 4 weeks.