United Technologies Corp /de/ (UTX) Files Form 4 Insider Selling : Gregory Hayes Sells 980 Shares

United Technologies Corp /de/ (UTX): Gregory Hayes , President and CEO of United Technologies Corp /de/ sold 980 shares on May 12, 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 $102.15 per share for a total value of $100,107.00 , 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 12, 2016, Elizabeth B Amato (EVP & Chief HR Officer) sold 3,696 shares at $102.12 per share price.On Apr 29, 2016, David L. Gitlin (Pres., UTC Aerospace Systems) sold 7,091 shares at $104.22 per share price.Also, On Feb 2, 2016, Fredric G Reynolds (director) purchased 12,000 shares at $86.20 per share price.On Oct 28, 2015, Charles D Gill (Senior VP and General Counsel) sold 4,000 shares at $100.87 per share price.

United Technologies Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in United Technologies Corporation which led to swings in the share price. The shares opened for trading at $100.3 and hit $102.42 on the upside , eventually ending the session at $102.16, with a gain of 2.07% or 2.07 points. The heightened volatility saw the trading volume jump to 36,71,994 shares. The 52-week high of the share price is $119.66 and the company has a market cap of $85,494 M . The 52-week low of the share price is at $83.39.

United Technologies Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.United Technologies Corporation is Downgraded by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 108 from a previous price target of $109 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 3, 2016.United Technologies Corporation is Downgraded by Goldman to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 2, 2016.United Technologies Corporation is Downgraded by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 109 from a previous price target of $100 .Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Mar 1, 2016.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs manufactures sells and installs a range of passenger and freight elevators for low- medium- and high-speed applications as well as a line of escalators and moving walkways. UTC Climate Controls & Security is a provider of heating ventilating air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial military business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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