Weatherford International Plc (WFT) Files Form 4 Insider Buying : Francis S Kalman Buys 30,000 Shares

Weatherford International Plc (WFT): Francis S Kalman , director of Weatherford International Plc purchased 30,000 shares on May 9, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.29 per share for a total value of $158,700.00 , 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 10, 2016, Robert A Rayne (director) purchased 100,000 shares at $5.59 per share price.On May 10, 2016, Douglas M. Mills (VP & Chief Accounting Officer) sold 5,070 shares at $5.65 per share price.Also, On Sep 24, 2015, Bernard J Duroc-danner (Chairman, Pres and CEO) sold 610,482 shares at $9.15 per share price.On Sep 23, 2015, Krishna Shivram (CFO) purchased 33,750 shares at $8.83 per share price.

Weatherford International Plc (WFT) witnessed a volatile trading activity on Friday May 6, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.66 and reached the intraday high at $5.96. The bulls started the profit booking and pushed the shares to intraday low of $5.56. The trading session was marked by a volume range of 2,67,42,691 shares exchanging hands. The 52-week high of the shares is $14.9 and the 52-week low is $4.95. The market cap of the company stands at $5,079 M and there are 89,56,90,430 shares in public circulation.

Weatherford International Plc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Weatherford International Plc is Downgraded by Societe Generale to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 10, 2016.Weatherford International Plc is Reiterated by KLR Group to Accumulate while Lowering the Price Target of the company shares to $ 7.25 from a previous price target of $9.25 . The Rating was issued on May 9, 2016.Weatherford International Plc is Upgraded by Seaport Global Securities to Buy while Lowering the Price Target of the company shares to $ 7 from a previous price target of $7.50 . Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 6, 2016.Weatherford International Plc is Reiterated by Scotia Howard Weil to Sector Perform while Lowering the Price Target of the company shares to $ 8 from a previous price target of $9 . The Rating was issued on May 6, 2016.Weatherford International Plc is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 6, 2016.

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