Mantech International Corp (MANT) Files Form 4 Insider Selling : Judith L Bjornaas Sells 15,000 Shares

Mantech International Corp (MANT): Judith L Bjornaas , SVP & Deputy CFO of Mantech International Corp sold 15,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $35.17 per share for a total value of $527,550.00 , 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 6, 2016, L. William Varner (Business Group President) sold 62,500 shares at $33.70 per share price.On May 4, 2016, Daniel J Keefe (Business Group President) sold 35,000 shares at $34.33 per share price.Also, On Mar 4, 2016, Mary K Bush (director) sold 1,580 shares at $28.87 per share price.On Sep 11, 2015, Walter R Jr Fatzinger (director) sold 1,700 shares at $26.35 per share price.

Mantech International Corp: On Monday, May 16, 2016 heightened volatility was witnessed in Mantech International Corp which led to swings in the share price. The shares opened for trading at $34.3 and hit $35.495 on the upside , eventually ending the session at $35.13, with a gain of 2.18% or 0.75 points. The heightened volatility saw the trading volume jump to 2,28,128 shares. The 52-week high of the share price is $39.15 and the company has a market cap of $1,325 M . The 52-week low of the share price is at $24.9.

Mantech International Corp Money Flow Index Chart

On Apr 27, 2016, Mantech International Corp announced a cash dividend of $0.2100. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 24, 2016.

Company has been under the radar of several Street Analysts.Mantech International Corp is Upgraded by Credit Suisse to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 28, 2016.Mantech International Corp is Reiterated by Maxim Group to Buy and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $43 .The Rating was issued on Feb 18, 2016.

ManTech International Corporation is a provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense State Homeland Security Energy and Justice including the Federal Bureau of Investigation; the healthcare and space communities; and other United States federal Government customers. It supports national security programs for around 50 federal agencies through over 1100 contracts. Its solutions and services include cyber; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation; command control communications computers intelligence surveillance and reconnaissance; training; global logistics and supply chain management and management consulting. It offers services to the Unites States Government intelligence military space and civilian agencies and commercial customers among others.

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Mantech International Corp - Is it time to Sell?

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