Bats Global Markets, Inc. (BATS) Files Form 4 Insider Selling : Securities Excha International Sells 8,993,977 Shares

Bats Global Markets, Inc. (BATS): Securities Excha International , 10% owner of Bats Global Markets, Inc. sold 8,993,977 shares on Jun 28, 2016. The Insider selling transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were sold at $25.27 per share for a total value of $227277792 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 21, 2016, Michael L Richter (director) sold 181,535 shares at $19.00 per share price.On Apr 20, 2016, Robert Wood Jones (director) purchased 25,000 shares at $19.00 per share price.Also, On Apr 20, 2016, Christopher R Concannon (CEO) purchased 25,000 shares at $19.00 per share price.On Apr 20, 2016, Bryan Harkins (EVP, Head of US Markets) purchased 6,350 shares at $19.00 per share price.

Company has been under the radar of several Street Analysts.Bats Global Markets, Inc. is Initiated by RBC Capital Mkts to Underperform and the brokerage firm has set the Price Target at $23. The Rating was issued on Jun 21, 2016.Bats Global Markets, Inc. is Initiated by Deutsche Bank to Hold and the brokerage firm has set the Price Target at $26. The Rating was issued on May 18, 2016.Bats Global Markets, Inc. is Initiated by Jefferies to Hold and the brokerage firm has set the Price Target at $28. The Rating was issued on May 10, 2016.Bats Global Markets, Inc. is Initiated by JP Morgan to Neutral and the brokerage firm has set the Price Target at $27. The Rating was issued on May 10, 2016.Bats Global Markets, Inc. is Initiated by Keefe Bruyette to Outperform and the brokerage firm has set the Price Target at $30.50. The Rating was issued on May 10, 2016.

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