Interpublic Group Of Companies, Inc. (IPG) Files Form 4 Insider Selling : Christopher F Carroll Sells 20,000 Shares

Interpublic Group Of Companies, Inc. (IPG): Christopher F Carroll , SVP, Controller & CAO of Interpublic Group Of Companies, Inc. sold 20,000 shares on May 2, 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 $23.33 per share for a total value of $466,640.00 , 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 29, 2016, Michael Isor Roth (Chairman & CEO) sold 500,000 shares at $23.25 per share price.On Apr 29, 2016, Julie Connors (SVP, Audit & Chief Risk Ofcr) sold 10,700 shares at $23.21 per share price.Also, On Apr 29, 2016, Ellen Tobi Johnson (SVP of Finance and Treasurer) sold 12,000 shares at $22.83 per share price.On Mar 2, 2016, Jocelyn Carter-miller (director) sold 13,954 shares at $21.54 per share price.

Interpublic Group of Companies Inc: On Monday, May 2, 2016 heightened volatility was witnessed in Interpublic Group of Companies Inc which led to swings in the share price. The shares opened for trading at $23.11 and hit $23.38 on the upside , eventually ending the session at $23.34, with a gain of 1.74% or 0.4 points. The heightened volatility saw the trading volume jump to 46,42,665 shares. The 52-week high of the share price is $24.27 and the company has a market cap of $9,392 M . The 52-week low of the share price is at $18.16.

Interpublic Group of Companies Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Interpublic Group of Companies Inc is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $27.50 .The Rating was issued on Apr 25, 2016.Interpublic Group of Companies Inc is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $26 .The Rating was issued on Apr 25, 2016.Interpublic Group of Companies Inc is Reiterated by Wedbush to Outperform while Lowering the Price Target of the company shares to $ 26 from a previous price target of $27 . The Rating was issued on Feb 9, 2016.

The Interpublic Group of Companies Inc. (IPG) is a global advertising and marketing services company. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). IAN includes McCann Worldgroup Foote Cone & Belding Lowe and Partners IPG Mediabrands its digital specialist agencies and its domestic integrated agencies. IAN’s domestic integrated agencies including Hill Holliday Carmichael Lynch Dailey Tierney and Mullen provide a range of advertising marketing communications services and/or marketing services. CMG which includes Weber Shandwick Cassidy DeVries Golin FutureBrand Jack Morton and Octagon Worldwide provides diversified services including public relations meeting and event production sports and entertainment marketing corporate and brand identity and strategic marketing consulting.

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Interpublic Group of Companies Inc - Is it time to Sell?

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