Newell Rubbermaid Inc. (NYSE:NWL), saw two insiders raise their positions with the company. VP and Corporate Controller John B. Ellis picked up 901 shares of common stock at an average of $30.99, and now directly holds 22,358 shares; Executive VP and CFO Douglas L. Martin acquired 1,507 shares at an average of $30.99 per share, and now owns 20,426 shares directly in the $8.72 billion market cap global marketing corporation.
In addition, major hedge funds have shown large amounts of movement in their holdings with Newell Rubbermaid Inc. (NYSE:NWL). John W. Rogers‘ Ariel Investments reported a 5% decrease over the last quarter, and now has 3,591,525 shares worth near $108 million; Millennium Management, the hedge fund run by Israel Englander, reported a dramatic increase of 4070%, and now holds 2,921,467 shares worth around $87 million; Phill Gross And Robert Atchinson’s Adage Capital Management decreased it’s exposure by 19%, and now has 2,900,209 shares worth about $87 million; while D.E. Shaw‘s D E Shaw hedge fund showed a 16% increase in it’s activity in Newell Rubbermaid Inc. (NYSE:NWL), and now has 1,826,523 shares worth approximately $55 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
