Stock Trading at Raven Industries Inc. (RAVN): Thomas Iacarella Increases Exposure


Thomas Iacarella, Vice President & CFO of Raven Industries, Inc. (NASDAQ:RAVN), completed an acquisition of 15,500 shares of Common Stock on last 21st. August. Using stock options, he was able to buy them at a price of $15.03 per share. Consequently, he unloaded a total of 9,208 shares of  Common Stock, owned directly, at a price of $28.09 each. Following this insider’s first  transaction of the year, he now owns a total of 243,437 shares of this $975,82 million market cap company that provides products to customers within its operating segments of Applied Technology, Engineered Films and Aerostar Division.

Chuck Royce‘s Royce & Associates can be counted amongst the hedge fund supporters of the company. The fund last disclosed ownership of 1.43 million shares, worth roughly $47 million. This position makes it, by far, the largest hedge fund shareholder at Raven Industries, Inc. (NASDAQ:RAVN).

Throughout this year, both A Daniel Rykhus, President and CEO at Raven Industries, Inc. (NASDAQ:RAVN) and T. Matt Burkhardt, Division Vice President & GM, have chosen to sell some of their stock. Between July 14th and July 15th they  unloaded a total of 16,137 shares of Common Stock, sold at a weighted average price of $31,19 per share. Following these dispositions, they now own a total of 102,463 and 11,376 Raven Industries, Inc. (NASDAQ:RAVn)’s shares respectively.


Disclosure: Pamela Gaviño holds no position in any stocks or funds mentioned. 

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