Ingersoll-rand Plc (IR) Files Form 4 Insider Selling : Gary S Michel Sells 11,000 Shares

Ingersoll-rand Plc (IR): Gary S Michel , Senior Vice President of Ingersoll-rand Plc sold 11,000 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $65.76 per share for a total value of $723,324.81 , 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 2, 2016, Keith A Sultana (Senior Vice President) sold 5,125 shares at $66.08 per share price.On May 2, 2016, Marcia J Avedon (Senior Vice President) sold 10,000 shares at $66.31 per share price.Also, On Apr 15, 2016, Didier P Teirlinck (EVP, Climate Segment) sold 10,000 shares at $62.00 per share price.On Apr 15, 2016, Robert Zafari (EVP, Industrial Segment) sold 7,000 shares at $63.00 per share price.

Shares of Ingersoll-Rand PLC (IR) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -1.15 points or -1.74% at $64.85 with 16,91,064 shares getting traded. Post opening the session at $65.57, the shares hit an intraday low of $64.53 and an intraday high of $65.74 and the price vacillated in this range throughout the day. The company has a market cap of $16,697 M and the number of outstanding shares has been calculated to be 25,74,63,750 shares. The 52-week high of Ingersoll-Rand PLC is $70.93 and the 52-week low is $47.082.

Ingersoll-Rand PLC Money Flow Index Chart

Company has been under the radar of several Street Analysts.Ingersoll-Rand PLC is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $57 .The Rating was issued on Apr 27, 2016.Ingersoll-Rand PLC is Upgraded by Buckingham Research to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 14, 2016.Ingersoll-Rand PLC is Downgraded by Credit Agricole to Outperform. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 4, 2016.Ingersoll-Rand PLC is Downgraded by Goldman to Neutral and the brokerage firm has raised the Price Target to $ 64 from a previous price target of $61 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 28, 2016.Ingersoll-Rand PLC is Upgraded by Nomura to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 7, 2016.

Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified global company that provides products services and solutions to improve the quality and comfort of air in homes and buildings transport and protect food and perishables. The Company is also engaged in the design manufacture sale and service of a portfolio of industrial and commercial products. The Company focuses on parts service used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning which provides heating ventilation and air conditioning (HVAC) systems; commercial and residential building services parts support and controls and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services power tools material handling systems ARO fluid management equipment Club Car golf utility and rough terrain vehicles.

Leave a Reply

Ingersoll-Rand PLC - Is it time to Sell?

Top Brokerage Firms are advising their investors on Ingersoll-Rand PLC. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.