CSS Industries Inc. (CSS) EVP Sells $60,796.35 in Stock
CSS Industries Inc. (NYSE:CSS) EVP Vincent A. Paccapaniccia sold 2,427 shares of the company’s stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $25.05, for a total transaction of $60,796.35. Following the sale, the executive vice president now directly owns 22,334 shares of the company’s stock, valued at $559,466.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of CSS Industries Inc. (NYSE:CSS) opened at 25.04 on Tuesday. The stock has a 50 day moving average of $25.88 and a 200-day moving average of $27.09. The stock has a market capitalization of $227.21 million, a PE ratio of 13.42 and a beta of 1.17. CSS Industries Inc. has a 52 week low of $24.12 and a 52 week high of $31.45.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Tuesday, August 30th. CSS Industries’s payout ratio is currently 43.01%.
Separately, TheStreet raised shares of CSS Industries from a “hold” rating to a “buy” rating in a report on Friday, July 22nd.
CSS Industries Company Profile
CSS Industries, Inc is a consumer products company, which is engaged in the design, manufacture, procurement, distribution and sale of non-durable all occasion and seasonal social expression products, principally to mass market retailers in the United States and Canada. The Company’s occasion and seasonal products include classroom exchange Valentines, infant products, journals, buttons, gift wrap, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery and other items.
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