Ford Motor Co (F): Jr James D Farley , Executive Vice President of Ford Motor Co sold 78,042 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 $13.31 per share for a total value of $1,038,754.62 , 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 5, 2016, Stuart J. Rowley (Vice President and Controller) sold 13,000 shares at $13.34 per share price.On May 5, 2016, Joseph R Hinrichs (Executive Vice President) sold 60,000 shares at $13.32 per share price.Also, On Apr 6, 2016, Mark Fields (President and CEO) sold 757,730 shares at $12.82 per share price.On Mar 7, 2016, William Clay Jr Ford (Exec. Chairman and Chairman) sold 1,090,000 shares at $13.60 per share price.
Ford Motor Company: On Monday, May 16, 2016 heightened volatility was witnessed in Ford Motor Company which led to swings in the share price. The shares opened for trading at $13.22 and hit $13.375 on the upside , eventually ending the session at $13.32, with a gain of 0.76% or 0.1 points. The heightened volatility saw the trading volume jump to 2,12,62,679 shares. The 52-week high of the share price is $15.84 and the company has a market cap of $52,918 M . The 52-week low of the share price is at $10.44.
Company has been under the radar of several Street Analysts.Ford Motor Company is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 29, 2016.Ford Motor Company is Reiterated by UBS to Buy while Lowering the Price Target of the company shares to $ 20 from a previous price target of $22 . The Rating was issued on Apr 29, 2016.Ford Motor Company is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 15 from a previous price target of $14 .The Rating was issued on Apr 29, 2016.Ford Motor Company is Downgraded by Credit Suisse to Underperform and the brokerage firm has set the Price Target at $13. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 24, 2016.
Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America South America Europe Middle East & Africa and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary Ford Motor Credit Company LLC it provides automotive financing products to and through automotive dealers throughout the world.