The President – Chase Brass, LLC of Global Brass (NYSE: BRSS) is Selling Shares

Today, the President – Chase Brass, LLC of Global Brass (NYSE: BRSS), Devin Denner, sold shares of BRSS for $287.5K.

Following Devin Denner’s last BRSS Sell transaction on May 31, 2016, the stock climbed by 1.6%. In addition to Devin Denner, one other BRSS executive reported Sell trades in the last month.

The company has a one year high of $31.20 and a one year low of $18.65. BRSS’s market cap is $619.3M and the company has a P/E ratio of 22.15. Currently, Global Brass has an average volume of 170.6K.

The insider sentiment on Global Brass has been negative according to 43 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Global Brass & Copper Holdings, Inc. is a converter, fabricator, distributor and processor of specialized copper and brass products in North America. The company engages in metal melting and casting, rolling, drawing, extruding and stamping to fabricate finished, and semi finished alloy products from processed scrap, copper cathode and other refined metals. Its products include sheet, strip, foil, rod, tube, and fabricated metal component products. The company operates through three reportable segments: Olin Brass, Chase Brass and A.J. Oster. The Olin Brass segment manufactures and converts copper and copper-alloy sheet, strip, foil, tube and fabricated components in North America. This segment primarily engaged in processing copper and copper-alloys, and also rerolls and forms other metals, such as stainless and carbon steel. Its products are used in five primary end markets, including building and housing, munitions, automotive, coinage, and electronics/electrical components. The Chase Brass segment manufactures brass rod. This segment produces brass rod used in production applications, which can be grouped into four end markets, including building and housing, transportation, electronics/electrical components and industrial machinery and equipment. The A.J. Oster segment is a copper-alloy distributor and processor. Its value-added processing services include precision slitting and traverse winding to provide customer press up-time, hot air level tinning for superior corrosion resistance and product enhancements, such as edging and cutting. The A.J. Oster segment end markets include building and housing, automotive and electronics/electrical components primarily for housing and commercial construction. The company was founded on October 10, 2007 and is headquartered in Schaumburg, IL.