Mcdonalds Corp (MCD) Files Form 4 Insider Selling : Brian Mullens Sells 845 Shares

Mcdonalds Corp (MCD): Brian Mullens , Corp Sr Vice Pres – Controller of Mcdonalds Corp sold 845 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $128.93 per share for a total value of $108,945.85 , 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 26, 2016, Kevin M Ozan (Exec Vice Pres & CFO) sold 13,007 shares at $125.07 per share price.On Feb 2, 2016, Gloria Santona (Corp Exec VP, Gen Coun, Secy) sold 24,100 shares at $124.24 per share price.Also, On Feb 2, 2016, James R Sappington (Corp Exec VP – Ops & Tech Sys) sold 7,827 shares at $124.25 per share price.On Jan 28, 2016, Peter J Bensen (Chief Administrative Officer) sold 15,157 shares at $119.79 per share price.

McDonald's Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in McDonald's Corporation which led to swings in the share price. The shares opened for trading at $127.57 and hit $130.4299 on the upside , eventually ending the session at $129.33, with a gain of 0.72% or 0.93 points. The heightened volatility saw the trading volume jump to 66,13,656 shares. The 52-week high of the share price is $130.4299 and the company has a market cap of $116,605 M . The 52-week low of the share price is at $87.5.

McDonald's Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.McDonald's Corporation is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 140 from a previous price target of $135 .The Rating was issued on Apr 25, 2016.McDonald's Corporation is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 140 from a previous price target of $135 .The Rating was issued on Apr 25, 2016.McDonald's Corporation is Reiterated by Nomura to Buy and the brokerage firm has raised the Price Target to $ 142 from a previous price target of $138 .The Rating was issued on Apr 25, 2016.McDonald's Corporation is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 138 from a previous price target of $131 .The Rating was issued on Apr 25, 2016.McDonald's Corporation is Resumed by Credit Agricole to Underperform. The Rating was issued on Apr 13, 2016.

McDonald’s Corporation operates and franchises McDonald’s restaurants. McDonald’s global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe and Asia/Pacific Middle East and Africa (APMEA). The Company’s operations in Canada and Latin America as well as its Corporate activities are reported under Other Countries & Corporate. The Company’s restaurants offer a substantially uniform menu including hamburgers and cheeseburgers Big Mac Quarter Pounder with Cheese Filet-O-Fish several chicken sandwiches Chicken McNuggets wraps French fries salads oatmeal shakes McFlurry desserts sundaes soft serve cones pies soft drinks coffee McCafe beverages and other beverages. McDonald’s franchised restaurants are owned and operated under one of the following structures: conventional franchise developmental license or affiliate.

Leave a Reply

McDonald's Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on McDonald's Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.