Omnicom Group Inc. (OMC): John Wren , President and CEO of Omnicom Group Inc. sold 35,104 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $82.31 per share for a total value of $2,890,882.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 18, 2016, Errol M Cook (director) sold 7,417 shares at $74.13 per share price.On Jul 27, 2015, Linda Johnson Rice (director) sold 225 shares at $74.15 per share price.Also, On May 20, 2015, Dennis E. Hewitt (Treasurer) sold 1,500 shares at $78.15 per share price.On Apr 27, 2015, Susan S Denison (director) sold 12,286 shares at $77.68 per share price.
Shares of Omnicom Group (OMC) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.82 points or -0.99% at $82.06 with 21,43,513 shares getting traded. Post opening the session at $83.01, the shares hit an intraday low of $81.56 and an intraday high of $83.21 and the price vacillated in this range throughout the day. The company has a market cap of $19,510 M and the number of outstanding shares has been calculated to be 23,77,49,910 shares. The 52-week high of Omnicom Group is $85.95 and the 52-week low is $64.1216.
Company has been under the radar of several Street Analysts.Omnicom Group is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 14, 2016.
Omnicom Group Inc. is a holding company. The Company provides advertising marketing and corporate communications services. The Company’s branded networks and agencies operate in markets around the world and provide a range of services which it groups into four disciplines: advertising customer relationship management (CRM) public relations and specialty communications. Its services in these disciplines include advertising brand consultancy content marketing corporate social responsibility consulting crisis communications data analytics and database management among others. Its advertising brands include BBDO Worldwide DDB Worldwide and TBWA Worldwide. The Company’s branded agency networks operate in geographic regions including the Americas which includes North America and Latin America; EMEA which includes Europe the Middle East and Africa and Asia Pacific which includes Australia China India Japan Korea New Zealand Singapore and other Asian countries.