Polaris Industries Inc/mn (PII) Files Form 4 Insider Selling : David C. Longren Sells 21,108 Shares

Polaris Industries Inc/mn (PII): David C. Longren , President-ORV of Polaris Industries Inc/mn sold 21,108 shares on May 2, 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 $99.00 per share for a total value of $2,089,692.00 , 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 1, 2016, Lawrence D Kingsley (director) purchased 6,925 shares at $72.00 per share price.On Dec 3, 2015, Kenneth Pucel (EVP, Global Ops, Eng, & Lean) sold 20,000 shares at $105.71 per share price.Also, On Dec 3, 2015, David C. Longren (President-ORV) sold 2,500 shares at $105.85 per share price.On Nov 19, 2015, Todd M Balan (V.P. Corporate Development) sold 91 shares at $104.61 per share price.

Shares of Polaris Industries (PII) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -1.96 points or -2.01% at $95.5 with 6,40,681 shares getting traded. Post opening the session at $96.85, the shares hit an intraday low of $95.18 and an intraday high of $97.65 and the price vacillated in this range throughout the day. The company has a market cap of $6,172 M and the number of outstanding shares has been calculated to be 6,46,26,088 shares. The 52-week high of Polaris Industries is $156.35 and the 52-week low is $67.8.

Polaris Industries Money Flow Index Chart

Company has been under the radar of several Street Analysts.Polaris Industries is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 97 from a previous price target of $93 .The Rating was issued on Apr 22, 2016.Polaris Industries is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 14, 2016.Polaris Industries is Initiated by Lake Street to Buy and the brokerage firm has set the Price Target at $121. The Rating was issued on Mar 15, 2016.Polaris Industries is Initiated by Sterne Agee CRT to Neutral. The Rating was issued on Mar 1, 2016.

Polaris Industries Inc. (Polaris) designs engineers and manufactures off-road vehicles (ORV) including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use snowmobiles motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States Canada and Europe. The Company’s ORVs include core ATVs and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles consisting of 32 models ranging from youth models to utility and economy models to performance and competition models. Polaris’ Motorcycles division consists of Victory Indian motorcycles and three-wheel roadster motorcycle Slingshot. The Company offer products in the light-duty hauling people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.

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