Pnc Financial Services Group, Inc. (PNC) Files Form 4 Insider Selling : Michael J Hannon Sells 12,500 Shares

Pnc Financial Services Group, Inc. (PNC): Michael J Hannon , Executive Vice President of Pnc Financial Services Group, Inc. sold 12,500 shares on Apr 20, 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 $86.94 per share for a total value of $1,086,720.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 10, 2016, Daniel Hesse (director) purchased 500 shares at $81.00 per share price.On Jan 22, 2016, Andrew T Feldstein (director) purchased 23,600 shares at $84.68 per share price.Also, On Jan 22, 2016, Marjorie Rodgers Cheshire (director) purchased 118 shares at $84.17 per share price.On Jun 8, 2015, Joseph E Rockey (Executive Vice President) sold 16,000 shares at $95.67 per share price.

Shares of PNC Financial Services Group Inc (PNC) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.23 points or -0.26% at $87.51 with 21,63,355 shares getting traded. Post opening the session at $87.67, the shares hit an intraday low of $87.26 and an intraday high of $88.56 and the price vacillated in this range throughout the day. The company has a market cap of $43,852 M and the number of outstanding shares has been calculated to be 50,11,05,190 shares. The 52-week high of PNC Financial Services Group Inc is $100.52 and the 52-week low is $77.67.

PNC Financial Services Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.PNC Financial Services Group Inc is Reiterated by Compass Point to Neutral while Lowering the Price Target of the company shares to $ 93 from a previous price target of $99 . The Rating was issued on Apr 15, 2016.PNC Financial Services Group Inc is Downgraded by Atlantic Equities to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 14, 2016.

The PNC Financial Services Group Inc. is a diversified financial services company in the United States. The Company has businesses engaged in retail banking corporate and institutional banking asset management and residential mortgage banking as well as other products and services in its primary geographic markets located in Pennsylvania Ohio New Jersey Michigan Illinois Maryland Indiana North Carolina Florida Kentucky Washington D.C. Delaware Virginia Alabama Missouri Georgia Wisconsin and South Carolina. The Company operates through six segments: Retail Banking Corporate & Institutional Banking Asset Management Group Residential Mortgage Banking BlackRock and Non-Strategic Assets Portfolio.

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