Jacobs Engineering Group Inc /de/ (JEC) Files Form 4 Insider Selling : Robert C Jr Davidson Sells 2,500 Shares

Jacobs Engineering Group Inc /de/ (JEC): Robert C Jr Davidson , director of Jacobs Engineering Group Inc /de/ sold 2,500 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $49.53 per share for a total value of $123,825.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Noel G Watson (director) sold 33,333 shares at $49.62 per share price.On Feb 16, 2016, Dawne S Hickton (director) purchased 2,800 shares at $36.02 per share price.Also, On Aug 19, 2015, Philip J Stassi (Executive Vice President) sold 10,000 shares at $44.04 per share price.On Feb 19, 2015, Robert C Jr Davidson (director) sold 5,000 shares at $43.74 per share price.

Shares of Jacobs Engineering Group Inc (JEC) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.67 points or -1.35% at $49.14 with 10,91,897 shares getting traded. Post opening the session at $49.81, the shares hit an intraday low of $48.984 and an intraday high of $50.195 and the price vacillated in this range throughout the day. The company has a market cap of $5,991 M and the number of outstanding shares has been calculated to be 12,19,25,178 shares. The 52-week high of Jacobs Engineering Group Inc is $50.72 and the 52-week low is $34.76.

Jacobs Engineering Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Jacobs Engineering Group Inc is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $42 .The Rating was issued on May 16, 2016.Jacobs Engineering Group Inc is Upgraded by Johnson Rice to Accumulate. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 9, 2016.Jacobs Engineering Group Inc is Downgraded by Standpoint Research to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 14, 2016.

Jacobs Engineering Group Inc. is a technical professional services company. The Company provides a range of technical professional and construction services to industrial commercial and governmental clients. Its services include technical professional services and field services. Its technical professional services include project services and process scientific and systems consulting. Its field services include construction and operations and maintenance (O&M). It offers its services to the industries including aerospace and defense; automotive and industrial; buildings; mining and minerals; nuclear; oil and gas (upstream); petrochemicals and chemicals; pharmaceutical and biotechnology; power and utilities; pulp paper and consumer products; refining (downstream); telecommunications; transportation and water and wastewater. It offers its services in approximately 30 countries. The Company’s products include Chemetics Comprimo sulfur solutions and Modular construction.

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