Dollar Tree Inc (DLTR) Files Form 4 Insider Selling : Robert H Rudman Sells 2,232 Shares

Dollar Tree Inc (DLTR): Robert H Rudman , Chief Merchandising Officer of Dollar Tree Inc sold 2,232 shares on Apr 25, 2016. The Insider selling transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were sold at $80.71 per share for a total value of $180,153.64 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 7, 2016, Robert H Rudman (Chief Merchandising Officer) sold 3,986 shares at $80.66 per share price.On Mar 17, 2016, Lemuel E Lewis (director) purchased 3,500 shares at $80.77 per share price.Also, On Mar 16, 2016, Gary M Philbin (President of Family Dollar) sold 12,502 shares at $81.81 per share price.On Mar 11, 2016, Joshua R Jewett (Chief Information Officer) sold 6,915 shares at $79.06 per share price.

Shares of Dollar Tree (DLTR) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -0.95 points or -1.16% at $80.95 with 16,20,829 shares getting traded. Post opening the session at $81.84, the shares hit an intraday low of $79.46 and an intraday high of $81.95 and the price vacillated in this range throughout the day. The company has a market cap of $19,038 M and the number of outstanding shares has been calculated to be 23,51,82,730 shares. The 52-week high of Dollar Tree is $83.72 and the 52-week low is $60.31.

Dollar Tree Money Flow Index Chart

Company has been under the radar of several Street Analysts.Dollar Tree is Downgraded by Raymond James to Mkt Perform and the brokerage firm has set the Price Target at $95. Earlier the firm had a rating of Strong Buy on the company shares. The Rating was issued on Mar 2, 2016.Dollar Tree is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 91 from a previous price target of $86 .The Rating was issued on Mar 2, 2016.Dollar Tree is Initiated by Buckingham Research to Buy and the brokerage firm has set the Price Target at $96. The Rating was issued on Feb 23, 2016.Dollar Tree is Upgraded by Morgan Stanley to Equal-Weight. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Feb 16, 2016.Dollar Tree is Upgraded by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 95 from a previous price target of $80 .Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Feb 8, 2016.

Dollar Tree Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic everyday items with seasonal closeout and promotional merchandise. As of July 06 2015 the Company operated more than 13600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree Dollar Tree Canada Deals and Family Dollar. Dollar Tree’s consumable merchandise includes candy and food health and beauty care and everyday consumables such as paper and chemicals and in select stores frozen and refrigerated food. The Company’s variety merchandise includes toys durable housewares gifts party goods greeting cards softlines and other items. Its seasonal goods include Valentine’s Day Easter Halloween and Christmas merchandise.

Leave a Reply

Dollar Tree - Is it time to Sell?

Top Brokerage Firms are advising their investors on Dollar Tree. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.