Methode Electronics Inc. (NYSE:MEI), saw 9 insiders make identical transactions, raising their profiles in the company. Directors Lawrence B. Skatoff, Paul G. Shelton, Christopher J. Hornung, Isabelle C. Goossen, Stephen F. Gates, Darren Dawson, Edward J. Colgate, Warren L. Batts, and Walter J. Aspatore all bought 750 shares at an average price of $37.01 per share.
Following these transactions, Skatoff now directly holds 34,600 shares; Shelton has 66,750 shares indirectly; Hornung maintains 126,600 shares directly, Goossen Directly holds 35,750 shares; Gates directly holds 18,610 shares; Dawson comes out of the transaction with 7,750 shares directly, Colgate directly has 27,830 shares; Batts is holding 64,750 shares directly; while Aspatore directly holds 34,750 shares in the company.
A $1.3 billion market cap corporation, Methode Electronics Inc. (NYSE:MEI), is a manufacturer of component and subsystem devices with manufacturing, designs and testing facilities in China, Egypt, Germany, India, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.