Outfront Media Inc. (OUT): Jeremy J. Male , CEO of Outfront Media Inc. purchased 5,000 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.38 per share for a total value of $106,911.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 6, 2016, Donald R Shassian (CFO) purchased 5,000 shares at $21.90 per share price.On May 26, 2016, Peter Mathes (director) sold 1,000 shares at $21.92 per share price.Also, On Mar 6, 2015, Nicolas Brien (director) purchased 3,320 shares at $30.11 per share price.
Outfront Media Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Outfront Media Inc which led to swings in the share price. The shares opened for trading at $21.08 and hit $21.61 on the upside , eventually ending the session at $21.51, with a gain of 1.85% or 0.39 points. The heightened volatility saw the trading volume jump to 709,218 shares. The 52-week high of the share price is $24.44 and the company has a market cap of $2,967 M . The 52-week low of the share price is at $18.01.
Company has been under the radar of several Street Analysts.Outfront Media Inc is Initiated by Loop Capital to Hold and the brokerage firm has set the Price Target at $23. The Rating was issued on Sep 13, 2016.Outfront Media Inc is Initiated by Wedbush to Neutral and the brokerage firm has set the Price Target at $26. The Rating was issued on Jul 22, 2016.Outfront Media Inc is Initiated by Gabelli & Co to Hold and the brokerage firm has set the Price Target at $29. The Rating was issued on Jul 22, 2016.
OUTFRONT Media Inc. formerly CBS Outdoor Americas Inc. is a provider of advertising space on out-of-home advertising structures and sites. The Company operates in over 180 markets in the United States Canada and Latin America. In addition to leasing displays the Company also provides other services to its customers such as pre-campaign category research creative design support and post-campaign tracking and analytics. It manages its business through two segments United States and International. The United States segment includes the Company’s business in 25 markets in the United States. The Company’s portfolio includes sites such as the Bay Bridge in San Francisco various locations along Sunset Boulevard in Los Angeles and various sites in and around both Grand Central Station and Times Square in New York. The Company’s International segment includes its operations in Canada and Latin America including Mexico Argentina Brazil Chile and Uruguay.