Emcor Group Inc (EME) Files Form 4 Insider Selling : Jerry E Ryan Sells 6,382 Shares

Emcor Group Inc (EME): Jerry E Ryan , director of Emcor Group Inc sold 6,382 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $48.69 per share for a total value of $310,191.19 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 7, 2015, R Kevin Matz (EVP – Shared Services) sold 16,149 shares at $51.85 per share price.On Nov 12, 2015, Michael T Yonker (director) sold 20,000 shares at $49.47 per share price.Also, On Nov 4, 2015, Richard F Jr Hamm (director) sold 9,201 shares at $49.35 per share price.On Aug 27, 2015, Frank T Macinnis (director) sold 272 shares at $46.17 per share price.

Shares of Emcor Group Inc (EME) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.70% at $48.14 with 2,91,498 shares getting traded. Post opening the session at $48.49, the shares hit an intraday low of $47.77 and an intraday high of $48.86 and the price vacillated in this range throughout the day. The company has a market cap of $2,922 M and the number of outstanding shares has been calculated to be 6,07,00,626 shares. The 52-week high of Emcor Group Inc is $52.37 and the 52-week low is $40.9803.

Emcor Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Emcor Group Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 57 from a previous price target of $54 .The Rating was issued on May 2, 2016.Emcor Group Inc is Downgraded by DA Davidson to Neutral while Lowering the Price Target of the company shares to $ 50 from a previous price target of $52 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 26, 2016.

EMCOR Group Inc. (EMCOR) is an electrical and mechanical construction and facilities services firm in the United States. The Company provides a number of building services and industrial services. Its services are provided to a range of commercial industrial utility and institutional customers through approximately 70 operating subsidiaries and joint venture entities. It specializes in providing construction services relating to electrical and mechanical systems in all types of non-residential and certain residential facilities and in providing various services relating to the operation maintenance and management of facilities including refineries and petrochemical plants. The Company operates in segments: United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services and United Kingdom building services.

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