Orbital Atk, Inc. (OA) Files Form 4 Insider Selling : David W Thompson Sells 5,000 Shares

Orbital Atk, Inc. (OA): David W Thompson , President and CEO of Orbital Atk, Inc. sold 5,000 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $87.02 per share for a total value of $435,088.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Thomas E Mccabe (Senior VP and General Counsel) sold 495 shares at $79.76 per share price.On Jan 6, 2016, Scott L Webster (director) sold 1,392 shares at $94.00 per share price.Also, On Jan 6, 2016, Harrison H Schmitt (director) sold 1,000 shares at $91.95 per share price.On Dec 15, 2015, Frank L. Jr. Culbertson (Executive Vice President) sold 500 shares at $83.14 per share price.

Shares of Orbital ATK Inc (OA) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.09% at $85.8 with 3,61,000 shares getting traded. Post opening the session at $85.5, the shares hit an intraday low of $85.1 and an intraday high of $86.28 and the price vacillated in this range throughout the day. The company has a market cap of $5,024,191 M and the number of outstanding shares has been calculated to be 58,55,70,00,000 shares. The 52-week high of Orbital ATK Inc is $94.92 and the 52-week low is $56.06.

Orbital ATK Inc Money Flow Index Chart

On May 4, 2016, Orbital ATK Inc announced a cash dividend of $0.3000. The company’s management has announced Jun 6, 2016 as the ex-dividend date and fixed the record date on Jun 8, 2016. The payable date has been fixed on Jun 23, 2016.

Company has been under the radar of several Street Analysts.Orbital ATK Inc is Reiterated by Stifel to Buy while Lowering the Price Target of the company shares to $ 95 from a previous price target of $100 . The Rating was issued on Mar 2, 2016.

Orbital ATK Inc. formerly Alliant Techsystems Inc. is an aerospace and defense company. The Company designs builds and delivers space defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group which develops and produces military small- medium- and large-caliber ammunition small-caliber commercial ammunition propulsion systems strike weapons precision weapons and munitions gun systems aircraft survivability systems fuzes and warheads and special mission aircraft and Space Systems Group which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting conduct space-related scientific research and perform other activities related to national security.

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