A Director at Griffon Corp (NYSE: GFF) is Selling Shares

By Carrie Williams

Today, a Director at Griffon Corp (NYSE: GFF), Bradley Gross, sold shares of GFF for $95.2M.

Following Bradley Gross’ last GFF Sell transaction on December 12, 2013, the stock climbed by 7.3%. In addition to Bradley Gross, 2 other GFF executives reported Sell trades in the last month.

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GFF’s market cap is $858.5M and the company has a P/E ratio of 6.79. Currently, Griffon Corp has an average volume of 435K.

In the last 30 days, insiders have sold $190.4M worth of GFF shares and purchased $191.3K worth of GFF shares. The insider sentiment on Griffon Corp has been positive according to 21 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Griffon Corp. is a management and holding company, which engages in the provision of direction and assistance to its subsidiaries. It operates through the Home and Building Products and Telephonics Corporation segments.