Symantec Corp (SYMC) Files Form 4 Insider Selling : Suzanne M Vautrinot Sells 3,750 Shares

Symantec Corp (SYMC): Suzanne M Vautrinot , director of Symantec Corp sold 3,750 shares on Jun 27, 2016. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $20.22 per share for a total value of $75,825.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Suzanne M Vautrinot (director) sold 3,750 shares at $20.60 per share price.On Jun 15, 2016, Mark S. Garfield (SVP and CAO) sold 11,852 shares at $18.76 per share price.Also, On Feb 18, 2016, Anita M Sands (director) sold 1,000 shares at $20.00 per share price.On Dec 4, 2015, Brett Shirk (EVP, Veritas Worldwide Sales) sold 6,628 shares at $19.65 per share price.

Shares of Symantec Corporation (SYMC) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.81 points or -3.81% at $20.43 with 1,59,79,446 shares getting traded. Post opening the session at $20.41, the shares hit an intraday low of $20.34 and an intraday high of $20.915 and the price vacillated in this range throughout the day. The company has a market cap of $12,509 M and the number of outstanding shares has been calculated to be 61,22,92,090 shares. The 52-week high of Symantec Corporation is $24.39 and the 52-week low is $16.14.

Symantec Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Symantec Corporation is Upgraded by UBS to Buy and the brokerage firm has raised the Price Target to $ 24 from a previous price target of $16 .Earlier the firm had a rating of Sell on the company shares. The Rating was issued on Jun 20, 2016.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 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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