A.M. Castle & Co. (NYSE:CAS) Director Michael J. Sheehan bought 100,000 shares of the firm’s stock in a transaction dated Friday, November 11th. The shares were acquired at an average price of $0.52 per share, for a total transaction of $52,000.00. Following the transaction, the director now directly owns 35,323 shares in the company, valued at $18,367.96. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

A.M. Castle & Co. (NYSE:CAS) opened at 0.445 on Thursday. The stock’s market cap is $14.52 million. The stock’s 50 day moving average price is $0.59 and its 200-day moving average price is $1.43. A.M. Castle & Co. has a 12 month low of $0.45 and a 12 month high of $5.10.

Several hedge funds have recently modified their holdings of CAS. Whitebox Advisors LLC bought a new stake in shares of A.M. Castle & Co. during the second quarter worth about $201,000. Bridgeway Capital Management Inc. increased its stake in shares of A.M. Castle & Co. by 27.1% in the second quarter. Bridgeway Capital Management Inc. now owns 220,200 shares of the company’s stock worth $361,000 after buying an additional 47,000 shares during the period. Grace & White Inc. NY increased its stake in shares of A.M. Castle & Co. by 13.3% in the third quarter. Grace & White Inc. NY now owns 838,522 shares of the company’s stock worth $671,000 after buying an additional 98,194 shares during the period. Citadel Advisors LLC increased its stake in shares of A.M. Castle & Co. by 828.1% in the second quarter. Citadel Advisors LLC now owns 604,603 shares of the company’s stock worth $992,000 after buying an additional 539,459 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of A.M. Castle & Co. by 1.5% in the second quarter. Vanguard Group Inc. now owns 727,468 shares of the company’s stock worth $1,193,000 after buying an additional 11,064 shares during the period. 62.08% of the stock is owned by institutional investors and hedge funds.

About A.M. Castle & Co.

A. M. Castle & Co is a specialty metals distribution company. The Company operates through two segments: Metal and Plastics. In its Metals segment, the Company focuses on distributing engineered specialty grades and alloys of metals, as well as providing specialized processing services. Its products include alloy, aluminum, nickel, stainless steel, carbon and titanium.

5 Day Chart for NYSE:CAS

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