Parker Drilling Co /de/ (PKD) Files Form 4 Insider Selling : Jon-al Duplantier Sells 10,000 Shares

Parker Drilling Co /de/ (PKD): Jon-al Duplantier , Sr. VP, CAO & General Counsel of Parker Drilling Co /de/ sold 10,000 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $2.17 per share for a total value of $21,700.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Jon-al Duplantier (Sr. VP, CAO & General Counsel) sold 15,000 shares at $2.03 per share price.On Feb 25, 2016, Gary G Rich (CEO) purchased 40,000 shares at $1.28 per share price.Also, On Dec 14, 2015, Leslie K Nagy (PAO & Controller) sold 2,071 shares at $2.15 per share price.

Shares of Parker Drilling Company (PKD) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.90% at $2.2 with 4,10,386 shares getting traded. Post opening the session at $2.2, the shares hit an intraday low of $2.1 and an intraday high of $2.24 and the price vacillated in this range throughout the day. The company has a market cap of $273 M and the number of outstanding shares has been calculated to be 12,39,82,716 shares. The 52-week high of Parker Drilling Company is $3.81 and the 52-week low is $0.9801.

Parker Drilling Company Money Flow Index Chart

Company has been under the radar of several Street Analysts.Parker Drilling Company is Initiated by Nomura to Buy. The Rating was issued on Apr 8, 2016.

Parker Drilling Company (Parker Drilling) is a provider of contract drilling and drilling-related services and rental tools. The Company owns and operates drilling rigs and drilling-related equipment and also performs drilling-related services referred to as Operations & Maintenance (O&M) work for customer-owned drilling rigs on a contracted basis. The Company’s rental tools business supplies equipment to exploration and production (E&P) companies drilling contractors and service companies on land and offshore in the United States and select international markets. The Company has five operating segments: Rental Tools U.S. Barge Drilling U.S. Drilling International Drilling and Technical Services. Parker Drilling operates in approximately 23 countries.

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