Valhi Insider Sells $457,611 in Stock (VHI)
Valhi (NYSE:VHI) Insider Harold Simmons Foundation Inc sold 89,552 shares of the stock on the open market in a transaction dated Thursday, June 19th. The stock was sold at an average price of $5.11, for a total value of $457,610.72. Following the completion of the transaction, the insider now directly owns 1,922,061 shares of the company’s stock, valued at approximately $9,821,732. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Valhi (NYSE:VHI) traded down 1.56% during mid-day trading on Thursday, hitting $5.04. 159,753 shares of the company’s stock traded hands. Valhi has a 52-week low of $5.02 and a 52-week high of $21.08. The stock’s 50-day moving average is $6.26 and its 200-day moving average is $10.60. The company’s market cap is $1.709 billion.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, June 26th. Shareholders of record on Monday, June 9th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Thursday, June 5th.
Valhi, Inc is a holding company. It operates in three segments: Chemicals, Component Products and Waste Management.
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