Lkq Corp (LKQ) Files Form 4 Insider Selling : Victor M Casini Sells 16,000 Shares

Lkq Corp (LKQ): Victor M Casini , Senior VP and General Counsel of Lkq Corp sold 16,000 shares on Apr 15, 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 $32.90 per share for a total value of $526,320.00 , 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 2, 2016, Dominick P Zarcone (CFO) purchased 5,000 shares at $31.76 per share price.On Mar 17, 2016, Victor M Casini (Senior VP and General Counsel) sold 8,000 shares at $30.50 per share price.Also, On Mar 1, 2016, Robert A Alberico (Senior VP of Human Resources) sold 1,070 shares at $27.49 per share price.On Jul 16, 2015, Justin L Jude (SVP Ops – Wholesale Parts) sold 1,189 shares at $30.79 per share price.

LKQ Corporation: On Monday, May 16, 2016 heightened volatility was witnessed in LKQ Corporation which led to swings in the share price. The shares opened for trading at $32.42 and hit $33.05 on the upside , eventually ending the session at $32.71, with a gain of 1.27% or 0.41 points. The heightened volatility saw the trading volume jump to 22,31,322 shares. The 52-week high of the share price is $34.26 and the company has a market cap of $10,031 M . The 52-week low of the share price is at $23.95.

LKQ Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.LKQ Corporation is Reiterated by Sterne Agee CRT to Buy and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $38 .The Rating was issued on Apr 12, 2016.LKQ Corporation is Initiated by Sterne Agee CRT to Buy and the brokerage firm has set the Price Target at $38. The Rating was issued on Mar 2, 2016.

LKQ Corporation is a distributor of vehicle products including replacement parts components and systems used in the repair and maintenance of vehicles as well as specialty vehicle products and accessories. The company distributes a variety of products to collision and mechanical repair shops including aftermarket collision and mechanical products recycled collision and mechanical products refurbished collision products such as wheels bumper covers and lights and remanufactured engines. It is a provider of alternative vehicle collision replacement products and alternative vehicle mechanical replacement products with its sales processing and distribution facilities reaching markets in the United States and Canada. It also provides alternative vehicle replacement and maintenance products in the United Kingdom and the Benelux region of continental Europe. The Company is organized into four segments: Wholesale – North America; Wholesale – Europe; Self Service and Specialty.

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