Insider Trading Alert: Carlisle Companies, Inc. (CSL)

Carlisle Companies, Inc. (NYSE:CSL) insider has recently participated in insider trading activity. V.P., Chief Financial Officer, FORD STEVEN J sold 22,507 shares for $ 1,937,528 via one transaction Feb 10. Following the transaction, the insider now owns 108,813 shares in total, priced at $ 9187081.59 as of Tuesday. Another notable insider trading was done by the same insider on Feb 09. FORD STEVEN J sold 15,000 shares at an average price of $ 86.19 for a total of $ 1,292,850. Moreover, KOCH D CHRISTIAN carried out a sale of 17,791 shares at $ 86.29 each on Feb 10. The transaction amounted to $ 1,535,173. President, CIT Berlin John E sold 11,575 shares for $ 994,524 through one transaction Nov 19. Following this sale, this insider’s stake in the company comprises 36,296 shares, priced at $ 3064471.28 as of Tuesday.

The stock has experienced a total of 22 insider trades in the past three months. These trades include 8 sell activities and 14 buy trades. Furthermore, over the past 12 months, the stock was traded 47 times by insiders. In 31of these trades, the insider was a seller while an employee of the company was the buyer in just 16 instances.

On February 11, 2016 Carlisle Companies, Inc. (CSL) American Spirit completed the Talisker Whiskey Atlantic Challenge on February 09, 2016. The race, known as The World’s Toughest Row, launched from the Canary Islands, off the coast of Africa on December 20, 2015. Carlisle’s American Spirit crossed the finish line at English Harbor, Antigua with a time of 51 days, 8 hours and 32 minutes having covered 2,832 nautical miles across the Atlantic Ocean.

The race demands courage, stamina and extreme athleticism. What makes the American Spirit’s accomplishment so incredible is that two members of the four-man crew, Nick Khan and Greg Wood, had to be evacuated at sea halfway through the race after encountering difficult medical situations. With every reason to terminate the effort, Captain Jason Caldwell and Tom Magarov chose instead to finish what they had begun as a pair. In an amazing demonstration of courage and determination, the two remaining crew members mounted a truly impressive comeback passing many competitors on the way to the finish some 40 days later. To add to their incredible feat, all the while they were rowing across the Atlantic they were raising funds for St. Jude’s Hospital.

Skipper Jason commented on the race, “When Nick and Greg had to make the decision to leave it was pretty tough, but we knew we were always going to have to carry on. It’s an incredible way to challenge yourself and, despite difficult days, there were countless highs to outweigh the lows.”