Manpowergroup Inc. (MAN) Files Form 4 Insider Selling : Sriram Chandrashekar Sells 3,045 Shares

Manpowergroup Inc. (MAN): Sriram Chandrashekar , EVP of Manpowergroup Inc. sold 3,045 shares on Apr 26, 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 $81.25 per share for a total value of $247,405.34 , 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 26, 2016, Darryl Green (COO & President) sold 10,000 shares at $80.66 per share price.On Mar 7, 2016, Ulice Jr Payne (director) sold 2,200 shares at $80.54 per share price.Also, On Mar 7, 2016, Sriram Chandrashekar (EVP) sold 6,964 shares at $80.21 per share price.On Nov 24, 2015, Hans Leentjes (EVP/Northern Europe) sold 7,750 shares at $90.53 per share price.

ManpowerGroup: On Friday, Apr 22, 2016 heightened volatility was witnessed in ManpowerGroup which led to swings in the share price. The shares opened for trading at $79.68 and hit $82.29 on the upside , eventually ending the session at $81.07, with a gain of 2.52% or 1.99 points. The heightened volatility saw the trading volume jump to 11,34,511 shares. The 52-week high of the share price is $96.87 and the company has a market cap of $5,861 M . The 52-week low of the share price is at $69.66.

ManpowerGroup Money Flow Index Chart

Company has been under the radar of several Street Analysts.ManpowerGroup is Initiated by Nomura to Buy and the brokerage firm has set the Price Target at $102. The Rating was issued on Apr 20, 2016.ManpowerGroup is Initiated by Sterne Agee CRT to Buy. The Rating was issued on Mar 22, 2016.ManpowerGroup is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 85 from a previous price target of $100 . The Rating was issued on Feb 10, 2016.ManpowerGroup is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 88 from a previous price target of $94 . The Rating was issued on Feb 4, 2016.

ManpowerGroup Inc. is a provider of workforce solutions and services. The Company’s segments are Americas Southern Europe Northern Europe Asia Pacific Middle East (APME) and Right Management. The Americas segment includes operations in the United States and other Americas. The Southern Europe segment includes the operations in France Italy and other Southern Europe. The Northern Europe segment includes operations in the United Kingdom the Nordics Germany and the Netherlands. It provides placement of contingent workers in the Americas Southern Europe Northern Europe and APME segments. It offers other workforce solutions and services including recruitment and assessment; training and development and ManpowerGroup solutions. The Right Management segment offers career management and workforce consulting services. The Company offers various brands including Manpower Experis Right Management and ManpowerGroup Solutions.

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