The sell off of Drew Industries, Inc. stock by principals of the company continues as Chief Financial Officer (CFO) Joseph S. Giordano III sold 8,000 shares of the company at an average price of $61.00 for a net transaction of $488,000.00, dated Fri., Nov. 27, according to midsouthnewz. He now owns 578 shares of Drew (NYSE:DW), valued at $35,258.

MHProNews reported March 31, 2015, Giordano sold 19,500 shares of Drew stock March 24, 2015, at $64.75 per share, totaling $1,262,625.00. Following that transaction, he owned 209 shares of company stock valued at approximately $13,532.75.

Since mid-November, 2015, Chairman Emeritus Leigh J. Abrams, CEO Jason Lippert, President Scott Mereness, Chief Operations Officer Todd W. Driver, Chief Administrative Officer Jamie Schnur and Director David Reed have sold a total of 40,678 shares of Drew stock.

Headquartered in Elkhart, Indiana, Drew is a component supplier to the manufactured home and recreational vehicle industries. ##

(Image credit: Drew Industries, Inc.)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.