Chicago Bridge & Iron Co N V (CBI): Patrick K Mullen , Executive Vice President of Chicago Bridge & Iron Co N V sold 18,567 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $28.99 per share for a total value of $538,257.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 22, 2016, Philip K Asherman (President and CEO) sold 248,500 shares at $33.04 per share price.On Jun 24, 2016, Patrick K Mullen (Executive Vice President) sold 11,985 shares at $36.65 per share price.Also, On Jun 7, 2016, Beth A Bailey (EXECUTIVE VICE PRESIDENT) sold 2,701 shares at $38.00 per share price.On Jun 1, 2016, Westley S. Stockton (VP, Controller, CAO) sold 1,561 shares at $38.70 per share price.
Shares of Chicago Bridge & Iron Company N.V. (CBI) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.39 points or -1.33% at $28.92 with 1,692,383 shares getting traded. Post opening the session at $28.99, the shares hit an intraday low of $28.53 and an intraday high of $29.2 and the price vacillated in this range throughout the day. The company has a market cap of $2,983 M and the number of outstanding shares has been calculated to be 103,157,837 shares. The 52-week high of Chicago Bridge & Iron Company N.V. is $46.39 and the 52-week low is $28.53.
Company has been under the radar of several Street Analysts.Chicago Bridge & Iron Company N.V. is Reiterated by MKM Partners to Buy while Lowering the Price Target of the company shares to $ 42 from a previous price target of $46 . The Rating was issued on Jul 28, 2016.Chicago Bridge & Iron Company N.V. is Downgraded by Citigroup to Neutral while Lowering the Price Target of the company shares to $ 38 from a previous price target of $48 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 25, 2016.Chicago Bridge & Iron Company N.V. is Downgraded by Robert W. Baird to Neutral while Lowering the Price Target of the company shares to $ 40 from a previous price target of $45 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 22, 2016.Chicago Bridge & Iron Company N.V. is Resumed by MKM Partners to Buy. The Rating was issued on Jun 29, 2016.
Chicago Bridge and Iron Company N.V. (CBandI) provides a range of services to customers in the energy infrastructure market across the world. The Company also provides various Government services. CBandI operates through four segments: Engineering Construction and Maintenance which provides engineering procurement and construction (EPC) services for energy infrastructure facilities as well as integrated maintenance services; Fabrication Services which provides fabrication of piping systems process and nuclear modules; fabrication and erection of steel plate structures and manufacturing and distribution of pipe and fittings for various industries such as oil and gas mining mineral processing and power generation; Technology which provides licensed process technologies catalysts and engineered products and offers process planning and project development services and Environmental Solutions which provides environmental services for Government and private sector customers.