Ingersoll-rand Plc (IR) Files Form 4 Insider Selling : Keith A Sultana Sells 5,125 Shares

Ingersoll-rand Plc (IR): Keith A Sultana , Senior Vice President of Ingersoll-rand Plc sold 5,125 shares on Apr 28, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $66.08 per share for a total value of $338,702.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 2, 2016, Marcia J Avedon (Senior Vice President) sold 10,000 shares at $66.31 per share price.On Apr 15, 2016, Didier P Teirlinck (EVP, Climate Segment) sold 10,000 shares at $62.00 per share price.Also, On Apr 15, 2016, Robert Zafari (EVP, Industrial Segment) sold 7,000 shares at $63.00 per share price.On Mar 21, 2016, Michael W Lamach (Chairman and CEO) sold 185,559 shares at $60.00 per share price.

Ingersoll-Rand PLC: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in Ingersoll-Rand PLC which led to swings in the share price. The shares opened for trading at $65.56 and hit $66.3 on the upside , eventually ending the session at $66.06, with a gain of 1.02% or 0.67 points. The heightened volatility saw the trading volume jump to 22,33,444 shares. The 52-week high of the share price is $70.93 and the company has a market cap of $16,967 M . The 52-week low of the share price is at $47.082.

Ingersoll-Rand PLC Money Flow Index Chart

Company has been under the radar of several Street Analysts.Ingersoll-Rand PLC is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $57 .The Rating was issued on Apr 27, 2016.Ingersoll-Rand PLC is Upgraded by Buckingham Research to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 14, 2016.Ingersoll-Rand PLC is Downgraded by Credit Agricole to Outperform. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 4, 2016.Ingersoll-Rand PLC is Downgraded by Goldman to Neutral and the brokerage firm has raised the Price Target to $ 64 from a previous price target of $61 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 28, 2016.Ingersoll-Rand PLC is Upgraded by Nomura to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 7, 2016.

Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified global company that provides products services and solutions to improve the quality and comfort of air in homes and buildings transport and protect food and perishables. The Company is also engaged in the design manufacture sale and service of a portfolio of industrial and commercial products. The Company focuses on parts service used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning which provides heating ventilation and air conditioning (HVAC) systems; commercial and residential building services parts support and controls and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services power tools material handling systems ARO fluid management equipment Club Car golf utility and rough terrain vehicles.

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