Cintas Corp (CTAS) Files Form 4 Insider Selling : James Phillip Holloman Sells 19,376 Shares

Cintas Corp (CTAS): James Phillip Holloman , President and COO of Cintas Corp sold 19,376 shares on Apr 14, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $90.49 per share for a total value of $1,753,334.25 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Cintas Corporation is Upgraded by KeyBanc Capital Mkts to Overweight. Earlier the firm had a rating of Sector Weight on the company shares. The Rating was issued on Apr 13, 2016.Cintas Corporation is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 92 from a previous price target of $94 . The Rating was issued on Mar 23, 2016.Cintas Corporation is Initiated by Sterne Agee CRT to Neutral. The Rating was issued on Mar 22, 2016.Cintas Corporation is Downgraded by Morgan Stanley to Underweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Feb 17, 2016.

Currently the company Insiders own 17.7% of Cintas Corporation shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -13.01%.Institutional Investors own 66.76% of Cintas Corporation shares.During last six month period, the net percent change held by insiders has seen a change of -13.01%.

Shares of Cintas Corporation (CTAS) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -0.24% at $89.11 with 6,42,930 shares getting traded. Post opening the session at $89.68, the shares hit an intraday low of $89.06 and an intraday high of $90.0633 and the price vacillated in this range throughout the day. The company has a market cap of $9,636 M and the number of outstanding shares has been calculated to be 10,81,30,453 shares. The 52-week high of Cintas Corporation is $94.348 and the 52-week low is $78.

Cintas Corporation Money Flow Index Chart

Cintas Corporation provides products and services to businesses of all types. The Company is a provider of corporate identity uniforms through rental and sales programs as well as a provider of related business services including entrance mats restroom cleaning services and supplies carpet and tile cleaning services and first aid safety and fire protection products and services. The Company has three segments: Rental Uniforms and Ancillary Products Uniform Direct Sales and First Aid Safety and Fire Protection Services. The Company’s Rental Uniforms and Ancillary Products segment consists of the rental and servicing of uniforms and other garments including flame resistant clothing mats mops and shop towels and other ancillary items. The Company’s Uniform Direct Sales segment consists of the direct sale of uniforms and related items. The Company’s First Aid Safety and Fire Protection Services segment consists of first aid safety and fire protection products and services.

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