Vantiv (NYSE:VNTV) has climbed 2.66% in the past week and advanced 0.11% in the last 4 weeks. The company has outperformed the S&P 500 by 3.9% in the past week but underperformed the index by 0.8% in the last 4 weeks.
Vantiv (NYSE:VNTV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.85 and $52.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.18, notching a gain of 0.30% for the day. The total traded volume was 2,794,660 . The stock had closed at $53.02 on the previous day.
The company shares have rallied 32.32% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $58.09 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $53.84 and the 200 Day Moving Average price is recorded at $51.11.
On the companys insider trading activities,The officer (Chf Legal & Corp Svcs Officer) of Vantiv, Inc., Greene Nelson F sold 5,434 shares at $53.94 on June 2, 2016. The Insider selling transaction had a total value worth of $293,110. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. William Blair initiates coverage on Vantiv (NYSE:VNTV). The shares have now been rated Outperform by the stock experts at the ratings house. The rating by the firm was issued on April 19, 2016. Currently the company Insiders own 1.32% of Vantiv shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.29% . Institutional Investors own 81.54% of Vantiv shares. During last six month period, the net percent change held by insiders has seen a change of -22.52%.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.