Western Union Co (WU) Files Form 4 Insider Selling : Odilon Almeida Sells 2,014 Shares

Western Union Co (WU): Odilon Almeida , EVP & Pres, Americas & Europe of Western Union Co sold 2,014 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $19.58 per share for a total value of $39,434.12.

Company has been under the radar of several Street Analysts.The Western Union Company is Downgraded by Macquarie to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Feb 10, 2016.The Western Union Company is Reiterated by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 19 from a previous price target of $20 . The Rating was issued on Feb 10, 2016.The Western Union Company is Reiterated by Compass Point to Neutral while Lowering the Price Target of the company shares to $ 18 from a previous price target of $20 . The Rating was issued on Feb 10, 2016.

Currently the company Insiders own 0.96% of The Western Union Company shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -16%.During last six month period, the net percent change held by insiders has seen a change of -16%.

The Western Union Company: On Monday, Apr 11, 2016 heightened volatility was witnessed in The Western Union Company which led to swings in the share price. The shares opened for trading at $19.71 and hit $19.92 on the upside , eventually ending the session at $19.72, with a gain of 0.61% or 0.12 points. The heightened volatility saw the trading volume jump to 49,08,031 shares. The 52-week high of the share price is $22.84 and the company has a market cap of $9,898 M . The 52-week low of the share price is at $16.02.

The Western Union Company Money Flow Index Chart

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations including utilities auto finance companies mortgage servicers financial service providers government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions primarily cross-border cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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