Halliburton Co (HAL) Files Form 4 Insider Selling : Eric Carre Sells 10,425 Shares

Halliburton Co (HAL): Eric Carre , EVP Global Business Lines of Halliburton Co sold 10,425 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 $40.47 per share for a total value of $421,899.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, James S Brown (President – Western Hemisphere) sold 25,400 shares at $39.67 per share price.On Aug 24, 2015, Murry Gerber (director) purchased 3,400 shares at $39.30 per share price.Also, On May 7, 2015, Jeffrey Allen Miller (President) sold 6,000 shares at $50.00 per share price.

Halliburton Company: On Friday, May 20, 2016 heightened volatility was witnessed in Halliburton Company which led to swings in the share price. The shares opened for trading at $40.55 and hit $41.33 on the upside , eventually ending the session at $40.91, with a gain of 1.92% or 0.77 points. The heightened volatility saw the trading volume jump to 83,65,923 shares. The 52-week high of the share price is $46.69 and the company has a market cap of $35,153 M . The 52-week low of the share price is at $27.64.

Halliburton Company Money Flow Index Chart

Company has been under the radar of several Street Analysts.Halliburton Company is Upgraded by Griffin Securities to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 19, 2016.Halliburton Company is Upgraded by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $44 .Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on May 17, 2016.Halliburton Company is Resumed by Goldman to Buy. The Rating was issued on May 9, 2016.Halliburton Company is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $45 .The Rating was issued on May 4, 2016.Halliburton Company is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $33 .The Rating was issued on May 4, 2016.

Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions which form the basis for its two operating segments: the Completion and Production segment and the Drilling and Evaluation segment. The Company’s Completion and Production segment delivers cementing stimulation intervention pressure control specialty chemicals artificial lift and completion products and services. Production Enhancement services include stimulation services and sand control services. The Company’s Drilling and Evaluation segment provides field and reservoir modeling drilling evaluation and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.

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