Home Depot Inc (HD) Files Form 4 Insider Selling : Mark Holifield Sells 43,026 Shares

Home Depot Inc (HD): Mark Holifield , EVP-Supply Chain & Product Dev of Home Depot Inc sold 43,026 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $131.14 per share for a total value of $5,642,429.50 , 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 20, 2016, Craig A Menear (Chairman, CEO & President) sold 46,227 shares at $131.37 per share price.On May 20, 2016, William G. Lennie (EVP, Outside Sales and Service) sold 22,996 shares at $131.40 per share price.Also, On Dec 11, 2015, Linda R Gooden (director) purchased 380 shares at $132.13 per share price.On Dec 11, 2015, Timothy M Crow (EVP – Human Resources) sold 34,386 shares at $133.68 per share price.

Shares of Home Depot Inc (HD) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.03% at $131.73 with 45,77,199 shares getting traded. Post opening the session at $131.45, the shares hit an intraday low of $130.78 and an intraday high of $132.13 and the price vacillated in this range throughout the day. The company has a market cap of $165,051 M and the number of outstanding shares has been calculated to be 1,25,29,51,010 shares. The 52-week high of Home Depot Inc is $137.82 and the 52-week low is $92.1685.

Home Depot Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Home Depot Inc is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 143 from a previous price target of $135 .The Rating was issued on May 18, 2016.Home Depot Inc is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 150 from a previous price target of $148 .The Rating was issued on May 17, 2016.Home Depot Inc is Initiated by Barclays to Overweight and the brokerage firm has set the Price Target at $150. The Rating was issued on Mar 31, 2016.

The Home Depot Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104000 square feet of enclosed space with approximately 24000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers do-it-for-me (DIFM) customers and professional customers. As of December 31 2014 the Company had 2269 The Home Depot stores which included 1977 stores in the United States including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada and 111 stores in Mexico.

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Home Depot Inc - Is it time to Sell?

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