Kirby Corp (KEX): Amy D. Husted , Vice President – Legal of Kirby Corp sold 500 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $69.25 per share for a total value of $34,625.00 , 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 11, 2016, James F. Farley (VP – Industry Relations) sold 1,500 shares at $63.73 per share price.On May 9, 2016, Dorman Lynn Strahan (President – Marine Systems, In) sold 2,883 shares at $64.20 per share price.Also, On May 4, 2016, David R Mosley (Vice President) sold 2,000 shares at $64.35 per share price.On May 4, 2016, Renato A Castro (Treasurer) sold 589 shares at $64.52 per share price.
Shares of Kirby Corporation (KEX) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.53 points or -0.78% at $67.73 with 9,59,044 shares getting traded. Post opening the session at $67.49, the shares hit an intraday low of $66.825 and an intraday high of $68.695 and the price vacillated in this range throughout the day. The company has a market cap of $3,648 M and the number of outstanding shares has been calculated to be 5,38,64,000 shares. The 52-week high of Kirby Corporation is $83.025 and the 52-week low is $44.63.
Company has been under the radar of several Street Analysts.Kirby Corporation is Upgraded by BB&T Capital Mkts to Buy and the brokerage firm has set the Price Target at $80. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 2, 2016.Kirby Corporation is Downgraded by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 65 from a previous price target of $60 .Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 29, 2016.
Kirby Corporation is the domestic tank barge operator transporting bulk liquid products. The Company through its subsidiaries operates in two segments: Marine Transportation and Diesel Engine Services. The Marine Transportation segment is a provider of marine transportation services operating tank barges and towing vessels transporting bulk liquid products. The Diesel Engine Services segment sells replacement parts provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines transmissions reduction gears pumps and compression products maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines transmissions and entire reduction gears and manufactures and remanufactures oilfield service equipment including pressure pumping units. Its customers include oil service companies offshore fishing companies nuclear power industry compression companies and construction companies among others.