Global Payments Inc (GPN) Files Form 4 Insider Selling : Gerald J Wilkins Sells 3,000 Shares

Global Payments Inc (GPN): Gerald J Wilkins , director of Global Payments Inc sold 3,000 shares on Apr 13, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $75.22 per share for a total value of $225,660.00 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Global Payments Inc is Reiterated by Piper Jaffray to Neutral and the brokerage firm has raised the Price Target to $ 76 from a previous price target of $73 .The Rating was issued on Apr 7, 2016.

Currently the company Insiders own 0.95% of Global Payments Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -7.94%.Institutional Investors own 95.06% of Global Payments Inc shares.During last six month period, the net percent change held by insiders has seen a change of 79.64%.

Global Payments Inc: On Monday, Apr 11, 2016 heightened volatility was witnessed in Global Payments Inc which led to swings in the share price. The shares opened for trading at $72.92 and hit $74.02 on the upside , eventually ending the session at $72.29, with a gain of 0.12% or 0.09 points. The heightened volatility saw the trading volume jump to 20,59,290 shares. The 52-week high of the share price is $74.64 and the company has a market cap of $9,344 M . The 52-week low of the share price is at $48.835.

Global Payments Inc Money Flow Index Chart

Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates in two segments: North America merchant services and International merchant services. The Company’s North America merchant services and International merchant services segments primarily provide payment solutions for credit cards debit cards electronic payments and check-related services. The Company’s North America merchant services and International merchant services segments target customers in various industries including financial services gaming government healthcare professional services restaurants retail universities not-for-profit organizations and utilities. The Company performs a series of services including authorization electronic draft capture file transfers to facilitate funds settlement and certain exception-based back office support services such as chargeback and retrieval resolution.

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