Fleetmatics Group Plc (FLTX) Files Form 4 Insider Selling : Stephen J Lifshatz Sells 7,500 Shares

Fleetmatics Group Plc (FLTX): Stephen J Lifshatz , Chief Financial Officer of Fleetmatics Group Plc sold 7,500 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $40.08 per share for a total value of $300,623.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 25, 2016, Stephen J Lifshatz (Chief Financial Officer) sold 5,000 shares at $36.10 per share price.On Apr 15, 2016, Brian Halligan (director) sold 500 shares at $35.42 per share price.Also, On Oct 19, 2015, Peter John Mitchell (Chief Technology Officer) sold 4,819 shares at $53.47 per share price.On Sep 25, 2015, James M Travers (Chief Executive Officer) sold 8,652 shares at $52.00 per share price.

FleetMatics Group PLC: On Friday, May 20, 2016 heightened volatility was witnessed in FleetMatics Group PLC which led to swings in the share price. The shares opened for trading at $38.68 and hit $41.41 on the upside , eventually ending the session at $40.39, with a gain of 4.91% or 1.89 points. The heightened volatility saw the trading volume jump to 13,17,154 shares. The 52-week high of the share price is $62.86 and the company has a market cap of $1,575 M . The 52-week low of the share price is at $34.41.

FleetMatics Group PLC Money Flow Index Chart

Company has been under the radar of several Street Analysts.FleetMatics Group PLC is Reiterated by Stifel to Buy while Lowering the Price Target of the company shares to $ 55 from a previous price target of $63 . The Rating was issued on May 5, 2016.FleetMatics Group PLC is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 42 from a previous price target of $46 . The Rating was issued on May 5, 2016.FleetMatics Group PLC is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 46 from a previous price target of $49 . The Rating was issued on May 5, 2016.FleetMatics Group PLC is Downgraded by Macquarie to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 11, 2016.FleetMatics Group PLC is Upgraded by Imperial Capital to Outperform while Lowering the Price Target of the company shares to $ 50 from a previous price target of $60 . Earlier the firm had a rating of In-line on the company shares. The Rating was issued on Feb 26, 2016.

Fleetmatics Group PLC is a holding company. The Company is a provider of fleet management solutions delivered as software-as-a-service (SaaS). Its mobile software platform enables businesses to manage their local fleets of commercial vehicles. It offers Web-based and mobile application solutions that provide fleet operators with access to vehicle location fuel usage speed and mileage and others into their mobile workforce. The Company’s product offerings include Fleetmatics REVEAL a business intelligence-based fleet management solution for small and midsize businesses (SMBs); Fleetmatics REVEAL+ which extends Fleetmatics REVEAL to larger enterprises and Fleetmatics WORK a field service management solution. The Company’s solutions include fleet management and field service management. The Company’s subsidiaries are Fleetmatics Ireland Limited Fleetmatics (UK) Limited Fleetmatics USA LLC Fleetmatics Netherlands B.V. Fleetmatics de Mexico Srl and Fleetmatics Pty Ltd.

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