Another Drew Principal Unloads Stock

drew_ind_logoA member of the board of directors of Drew Industries, Inc. (NYSE:DW), John B  Lowe sold 10,000 shares of Drew stock on May 27, 2015, according to a filing with the Securities and Exchange commission (SEC) dated May 29, 2015.

The shares were sold at $60.57 per share for a value of $605,700.00, as moneyflowindex reports. MHProNews reported May 25, 2015, President Scott T. Mereness sold 3,803 shares of stock for a total value of $241,490.50. Two analysts rated the stock as a strong buy, while one analyst rated it hold.

Drew is a component supplier to the manufactured housing and recreational vehicle industries through its wholly-owned subsidiaries, Lippert Components, Inc and Kinro, Inc. Drew’s stock closed today at $61.39, -1.91 percent. ##

(Image credit: Drew Industries, Inc.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. silver to Daily Business News-MHProNews.

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