Lkq Corp (LKQ): Robert L Wagman , President and CEO of Lkq Corp sold 10,000 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $33.04 per share for a total value of $330,400.00 , 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 17, 2016, Victor M Casini (Senior VP and General Counsel) sold 16,000 shares at $32.90 per share price.On May 2, 2016, Dominick P Zarcone (CFO) purchased 5,000 shares at $31.76 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.
Shares of LKQ Corporation (LKQ) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.48% at $32.93 with 12,98,956 shares getting traded. Post opening the session at $32.85, the shares hit an intraday low of $32.48 and an intraday high of $32.97 and the price vacillated in this range throughout the day. The company has a market cap of $10,099 M and the number of outstanding shares has been calculated to be 30,66,79,080 shares. The 52-week high of LKQ Corporation is $34.26 and the 52-week low is $23.95.
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 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.