Northern Trust Corp (NTRS) Files Form 4 Insider Selling : Peter Cherecwich Sells 58,260 Shares

Northern Trust Corp (NTRS): Peter Cherecwich , EVP, Global Fund Services of Northern Trust Corp sold 58,260 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $71.78 per share for a total value of $4,181,687.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, Robert P Browne (EVP & Chief Investment Officer) sold 28,000 shares at $64.67 per share price.On Sep 9, 2015, Frederick H Waddell (Chairman and CEO) sold 21,305 shares at $70.44 per share price.Also, On Jul 31, 2015, William L Morrison (President) sold 78,882 shares at $77.14 per share price.On Jul 24, 2015, Clair Joyce St (Executive Vice President) sold 6,000 shares at $79.00 per share price.

Shares of Northern Trust Corporation (NTRS) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.47 points or -0.65% at $71.78 with 23,47,778 shares getting traded. Post opening the session at $72.17, the shares hit an intraday low of $71.47 and an intraday high of $73 and the price vacillated in this range throughout the day. The company has a market cap of $16,436 M and the number of outstanding shares has been calculated to be 22,89,84,160 shares. The 52-week high of Northern Trust Corporation is $79.25 and the 52-week low is $54.38.

Northern Trust Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Northern Trust Corporation is Downgraded by Citigroup to Sell. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 20, 2016.Northern Trust Corporation is Downgraded by Sandler O’Neill to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 20, 2016.

Northern Trust Corporation is a financial holding company. The Company provides asset servicing fund administration asset management fiduciary and banking solutions for corporations institutions families and individuals around the world. The Company’s operating segments include Corporate & Institutional Services (C&IS) Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States Washington D.C. and 20 international locations in Canada Europe the Middle East and the Asia-Pacific region. Asset Management through the Company’s various subsidiaries supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. The Company’s subsidiary is The Northern Trust Company.

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