Symantec Corp (SYMC) Files Form 4 Insider Selling : Mark S. Garfield Sells 11,852 Shares

Symantec Corp (SYMC): Mark S. Garfield , SVP and CAO of Symantec Corp sold 11,852 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $18.76 per share for a total value of $222,343.52 , 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 3, 2016, Mark S. Garfield (SVP and CAO) sold 6,094 shares at $20.33 per share price.On Feb 18, 2016, Anita M Sands (director) sold 1,000 shares at $20.00 per share price.Also, On Dec 4, 2015, Brett Shirk (EVP, Veritas Worldwide Sales) sold 6,628 shares at $19.65 per share price.On Sep 21, 2015, Robert Steve Miller (director) sold 76,217 shares at $19.88 per share price.

Company has been under the radar of several Street Analysts.Symantec Corporation is Reiterated by Topeka Capital Markets to Hold while Lowering the Price Target of the company shares to $ 20 from a previous price target of $23 . The Rating was issued on Apr 28, 2016.Symantec Corporation is Reiterated by Wunderlich to Hold while Lowering the Price Target of the company shares to $ 19 from a previous price target of $25 . The Rating was issued on Apr 28, 2016.Symantec Corporation is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 28, 2016.Symantec Corporation is Upgraded by Piper Jaffray to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 21, 2016.Symantec Corporation is Initiated by Goldman to Neutral. The Rating was issued on Mar 21, 2016.

Symantec Corporation provides security backup and availability solutions. The Company operates in three segments: Consumer Security Enterprise Security and Information Management. The Company’s products and services offer protection of information in any environment from the mobile device to the enterprise data center to cloud-based systems. Consumers receive automatic downloads of the latest virus definitions application bug fixes and patches for its consumer product. The Company’s enterprise security support program offers annual maintenance support contracts including content upgrades and technical support. The Company’s Consumer Security segment offers Norton-branded services which provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals families and small businesses.

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