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

By Carrie Williams

Today, a Director at Griffon Corp. (NYSE: GFF), Harvey Blau, sold shares of GFF for $9.06M.

Following Harvey Blau’s last GFF Sell transaction on February 02, 2016, the stock climbed by 11.1%. In addition to Harvey Blau, 5 other GFF executives reported Sell trades in the last month.

The company has a one year high of $25.50 and a one year low of $13.45. GFF’s market cap is $1.14B and the company has a P/E ratio of 36.52. Currently, Griffon Corp. has an average volume of 386.3K.

The insider sentiment on Griffon Corp. has been negative according to 22 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

Griffon Corp. is a diversified management and holding company, which conducts business through its wholly-owned subsidiaries. It provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. It also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital. It operates through three business segments: Telephonics, Home & Building Products and Clopay Plastic Products. The Telephonics segment designs, develops and manufactures high-technology integrated information, communication and sensor system solutions to military and commercial markets worldwide. The Home & Building Products segment manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and major home center retail chains, and also provides non-powered landscaping products. This segment operates through two companies: Ames True Temper, Inc. and Clopay Building Products Co, Inc. The Clopay Plastic Products (PPC) segment is engaged in the development and production of embossed, laminated and printed specialty plastic films used in a variety of hygienic, health-care and industrial applications. The company was founded on May 18, 1959 and is headquartered in New York, NY.