Unifirst Corp (UNF) Files Form 4 Insider Selling : Steven S Sintros Sells 1,083 Shares

Unifirst Corp (UNF): Steven S Sintros , Senior VP of Finance and CFO of Unifirst Corp sold 1,083 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $114.77 per share for a total value of $124,295.91 , 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 27, 2016, David A Difillippo (Senior VP of Operations) sold 1,267 shares at $109.00 per share price.On Jun 21, 2016, Steven S Sintros (Senior VP of Finance and CFO) sold 1,070 shares at $113.16 per share price.Also, On Apr 20, 2016, Kathleen M Camilli (director) sold 91 shares at $112.55 per share price.On Apr 15, 2016, Phillip L Cohen (director) sold 1,000 shares at $110.08 per share price.

Shares of UniFirst Corp (UNF) ended Monday, Jul 18, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.30% at $114.88 with 53,801 shares getting traded. Post opening the session at $115.69, the shares hit an intraday low of $114.55 and an intraday high of $116.27 and the price vacillated in this range throughout the day. The company has a market cap of $2,327 M and the number of outstanding shares has been calculated to be 2,02,56,051 shares. The 52-week high of UniFirst Corp is $118.87 and the 52-week low is $96.9.

UniFirst Corp Money Flow Index Chart

On Jul 6, 2016, UniFirst Corp announced a cash dividend of $0.0375. The company’s management has announced Sep 7, 2016 as the ex-dividend date and fixed the record date on Sep 9, 2016. The payable date has been fixed on Sep 30, 2016.

Company has been under the radar of several Street Analysts.UniFirst Corp is Downgraded by Robert W. Baird to Neutral while Lowering the Price Target of the company shares to $ 121 from a previous price target of $125 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 1, 2016.

UniFirst Corporation (UniFirst) is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs manufactures personalizes rents cleans delivers and sells a range of uniforms and protective clothing including shirts pants jackets coveralls lab coats smocks aprons and specialized protective wear such as flame resistant and high visibility garments. The Company operates in five reporting segments: US and Canadian Rental and Cleaning Manufacturing (MFG) Specialty Garments Rental and Cleaning (Specialty Garments) First Aid and Corporate. It also rents industrial wiping products floor mats facility service products other non-garment items and provides restroom and cleaning supplies and first aid cabinet services and other safety supplies to a variety of manufacturers retailers and service companies. It serves businesses of all sizes in numerous industry categories.

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