CSS Industries Inc. (CSS) EVP Vincent A. Paccapaniccia Sells 2,427 Shares of Stock
CSS Industries Inc. (NYSE:CSS) EVP Vincent A. Paccapaniccia sold 2,427 shares of the business’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $25.05, for a total transaction of $60,796.35. Following the transaction, the executive vice president now owns 22,334 shares of the company’s stock, valued at approximately $559,466.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
CSS Industries Inc. (NYSE:CSS) opened at 24.98 on Wednesday. The firm has a market cap of $226.67 million, a P/E ratio of 13.39 and a beta of 1.17. The firm has a 50-day moving average of $25.81 and a 200 day moving average of $27.07. CSS Industries Inc. has a 1-year low of $24.12 and a 1-year high of $31.45.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, August 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.20%. CSS Industries’s dividend payout ratio (DPR) is presently 43.01%.
Separately, TheStreet upgraded shares of CSS Industries from a “hold” rating to a “buy” rating in a research note 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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