Convergys Corp (CVG) Files Form 4 Insider Selling : Richard F Wallman Sells 4,790 Shares

Convergys Corp (CVG): Richard F Wallman , director of Convergys Corp sold 4,790 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were sold at $27.71 per share for a total value of $132,735.22 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Jeffrey H Fox (director) sold 40,000 shares at $25.99 per share price.On Mar 2, 2016, Taylor C Greenwald (Chief Accounting Officer) sold 4,431 shares at $25.86 per share price.Also, On Feb 29, 2016, Joseph E Gibbs (director) sold 4,681 shares at $25.85 per share price.On Dec 14, 2015, Andre S Valentine (Chief Financial Officer) sold 5,000 shares at $0.00 per share price.

Convergys Corp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Convergys Corp which led to swings in the share price. The shares opened for trading at $26.73 and hit $28.14 on the upside , eventually ending the session at $27.83, with a gain of 3.84% or 1.03 points. The heightened volatility saw the trading volume jump to 8,01,450 shares. The 52-week high of the share price is $28.14 and the company has a market cap of $2,685 M . The 52-week low of the share price is at $20.57.

Convergys Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Convergys Corp is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 4, 2016.Convergys Corp 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 Feb 25, 2016.

Convergys Corporation (Convergys) provides customer management services. The Company serves brands in industries such as communications and media technology financial services retail and healthcare. The Company invests in a combination of global quality delivery comprehensive solutions and close client engagement. The Company invests in solutions consisting of services technology and analytics that support the life-cycle of contact types including service sales retention and collections. Its analytics and consulting solutions are post-contact surveys relational loyalty research segmentation and profiling repeat call analysis agent path analysis customer interaction assessment chat optimization and integrated contact center analytics.

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