Mantech International Corp (MANT) Files Form 4 Insider Selling : L. William Varner Sells 62,500 Shares

Mantech International Corp (MANT): L. William Varner , Business Group President of Mantech International Corp sold 62,500 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $33.70 per share for a total value of $2,106,250.00 , 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 4, 2016, Daniel J Keefe (Business Group President) sold 35,000 shares at $34.33 per share price.On Mar 4, 2016, Mary K Bush (director) sold 1,580 shares at $28.87 per share price.Also, On Sep 11, 2015, Walter R Jr Fatzinger (director) sold 1,700 shares at $26.35 per share price.On Jul 21, 2015, Richard L Armitage (director) sold 3,000 shares at $28.85 per share price.

Shares of Mantech International Corp (MANT) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.6 points or -1.75% at $33.72 with 1,85,145 shares getting traded. Post opening the session at $34.29, the shares hit an intraday low of $33.44 and an intraday high of $34.65 and the price vacillated in this range throughout the day. The company has a market cap of $1,272 M and the number of outstanding shares has been calculated to be 3,77,12,930 shares. The 52-week high of Mantech International Corp is $39.15 and the 52-week low is $24.9.

Mantech International Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Mantech International Corp is Upgraded by Credit Suisse to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 28, 2016.Mantech International Corp is Reiterated by Maxim Group to Buy and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $43 .The Rating was issued on Feb 18, 2016.

ManTech International Corporation is a provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense State Homeland Security Energy and Justice including the Federal Bureau of Investigation; the healthcare and space communities; and other United States federal Government customers. It supports national security programs for around 50 federal agencies through over 1100 contracts. Its solutions and services include cyber; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation; command control communications computers intelligence surveillance and reconnaissance; training; global logistics and supply chain management and management consulting. It offers services to the Unites States Government intelligence military space and civilian agencies and commercial customers among others.

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