Vincent A. Paccapaniccia Sells 5,466 Shares of CSS Industries Inc. (CSS) Stock
CSS Industries Inc. (NYSE:CSS) EVP Vincent A. Paccapaniccia sold 5,466 shares of the stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of $25.32, for a total transaction of $138,399.12. Following the completion of the sale, the executive vice president now directly owns 26,917 shares in the company, valued at approximately $681,538.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
CSS Industries Inc. (NYSE:CSS) opened at 25.04 on Tuesday. The company has a 50-day moving average of $25.88 and a 200 day moving average of $27.09. CSS Industries Inc. has a 1-year low of $24.12 and a 1-year high of $31.45. The stock has a market cap of $227.21 million, a P/E ratio of 13.42 and a beta of 1.17.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, September 1st were paid a $0.20 dividend. The ex-dividend date was Tuesday, August 30th. This represents a $0.80 dividend on an annualized basis and a yield of 3.19%. CSS Industries’s dividend payout ratio is currently 43.01%.
Separately, TheStreet raised shares of CSS Industries from a “hold” rating to a “buy” rating in a research note on Friday, July 22nd.
About CSS Industries
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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