Vantiv, Inc. (VNTV) Files Form 4 Insider Selling : Matt Taylor Sells 162,576 Shares

Vantiv, Inc. (VNTV): Matt Taylor , Grp Pres, IntPmt&Emrging Chnls of Vantiv, Inc. sold 162,576 shares on Jul 15, 2016. The Insider selling transaction was reported by the company on Jul 19, 2016 to the Securities and Exchange Commission. The shares were sold at $59.05 per share for a total value of $9,599,414.00 , 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 6, 2016, Nelson F Greene (Chf Legal & Corp Svcs Officer) sold 5,434 shares at $53.94 per share price.On Apr 12, 2016, Christopher A Thompson (SVP, Controller and CAO) sold 4,000 shares at $54.71 per share price.Also, On Apr 4, 2016, Mark L Heimbouch (Chief Op. & Fin. Officer) sold 30,000 shares at $53.59 per share price.On Mar 23, 2016, Royal Cole (Grp Pres, Merchant & FI Svcs) sold 20,193 shares at $52.67 per share price.

Vantiv Inc: On Monday, Jul 18, 2016 heightened volatility was witnessed in Vantiv Inc which led to swings in the share price. The shares opened for trading at $59.02 and hit $59.12 on the upside , eventually ending the session at $58.99, with a gain of 0.14% or 0.08 points. The heightened volatility saw the trading volume jump to 7,31,618 shares. The 52-week high of the share price is $59.62 and the company has a market cap of $11,289 M . The 52-week low of the share price is at $38.2.

Vantiv Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Vantiv Inc is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 59 from a previous price target of $52 .The Rating was issued on Apr 21, 2016.

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.

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