Notable Insider Trading: Newell Rubbermaid Incorporated (NWL)

Newell Rubbermaid Inc. (NYSE:NWL) insider has recently participated in insider trading activity. Director, DE SOLE DOMENICO bought 5,670 shares for $35.28 via one transaction Feb 16. Another notable insider trading was done by MONTGOMERY CYNTHIA ANN on Feb 11, who is the Director. The insider acquired 9,606 shares at an average price of $33.98. Moreover, an insider selling of 6,000 shares was carried out by STROBEL STEVEN J, Director, on Aug 10. Following the transaction, the insider now owns 44,425 shares in total. Sr. VP, Gen. Counsel & Secy Turner Bradford R sold 3.59 shares for $43.36 through one transaction Aug 03. Following this sale, this insider’s stake in the company comprises 1,078 shares, priced at $38808as of Tuesday.

The stock has experienced a total of 10 insider trades in the past three months. These trades include 9 sell activities and 1 buy trades. Furthermore, over the past 12 months, the stock was traded 22 times by insiders. In 19 of these trades, the insider was a seller while an employee of the company was the buyer in just 3 instances.

On February 12, 2016 Newell Rubbermaid Inc. (NWL) announced the declaration of a quarterly cash dividend of $0.19 per share. The dividend is payable March 15, 2016 to common stockholders of record at the close of business on February 29, 2016.

Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with 2015 sales of $5.9 billion and a strong portfolio of leading brands, including Sharpie®, Paper Mate®, Elmer’s®, Irwin®, Lenox®, Rubbermaid Commercial Products®, Contigo®, Rubbermaid®, Calphalon®, Goody®, Graco®, Aprica®, Baby Jogger®, Dymo®, Parker® and Waterman®. As part of the company’s Growth Game Plan, Newell Rubbermaid is making sharper portfolio choices and investing in new marketing and innovation to accelerate performance.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmer’s, Graco, Aprica and Baby Jogger.