Cliffs Natural Resources Inc (CLF): Baldwin’s Second Monthly Purchase


John T. Baldwin, Director at Cliffs Natural Resources Inc (NYSE:CLF) disclosed today the acquisition of 9,800 shares of common stock at a unit price of $10.182 on October 29, 2014. This is Mr. Baldwin’s second purchase this year, both in the last month, and now directly owns a total of 16,869 shares.

Robert P. Fisher Jr, Douglas C. Taylor and Gabriel Stoliar, all directors at Cliffs Natural Resources Inc (NYSE:CLF) have also traded the company’s stock this year. Each one of them completed a single purchase of 6,000, 7,200 and 7,246 shares, correspondingly, at $16.46, $13.95 and $13.76 each share. Those acquisitions represent the total and current holdings of each director.

Donald G. Drapkin and Douglas Taylor’s Casablanca Capital is the largest shareholding institution (amongst those we track) at Cliffs Natural Resources Inc (NYSE:CLF) with 7,906,520 shares, valued at an estimate $118 million, after reporting no changes at the end of the second filling period of 2014.

Cliffs Natural Resources Inc (NYSE:CLF) is an international mining and natural resources company, focused on the production of iron ore and metallurgical coal.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

Suggested Articles:

High Margin Franchises

Best Places To Visit in USA