Trimble Navigation Ltd /ca/ (TRMB) Files Form 4 Insider Selling : Chris Gibson Sells 2,800 Shares

Trimble Navigation Ltd /ca/ (TRMB): Chris Gibson , Vice President of Trimble Navigation Ltd /ca/ sold 2,800 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $23.22 per share for a total value of $65,016.00 , 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 9, 2016, Steven W Berglund (President & CEO) sold 200,000 shares at $23.21 per share price.On Mar 7, 2016, Julie A Shepard (Vice President) sold 13,914 shares at $24.89 per share price.Also, On Mar 7, 2016, James A Kirkland (Vice President) sold 1,000 shares at $24.70 per share price.On Mar 3, 2016, James Veneziano (Vice President) sold 2,130 shares at $24.51 per share price.

Trimble Navigation Limited: On Tuesday, May 10, 2016 heightened volatility was witnessed in Trimble Navigation Limited which led to swings in the share price. The shares opened for trading at $23.18 and hit $23.83 on the upside , eventually ending the session at $23.77, with a gain of 2.55% or 0.59 points. The heightened volatility saw the trading volume jump to 13,76,476 shares. The 52-week high of the share price is $26.07 and the company has a market cap of $5,964 M . The 52-week low of the share price is at $15.9.

Trimble Navigation Limited Money Flow Index Chart

Company has been under the radar of several Street Analysts.Trimble Navigation Limited is Initiated by FBR Capital to Outperform and the brokerage firm has set the Price Target at $32. The Rating was issued on May 11, 2016.Trimble Navigation Limited is Reiterated by Wedbush to Outperform while Lowering the Price Target of the company shares to $ 27 from a previous price target of $28 . The Rating was issued on Apr 29, 2016.

Trimble Navigation Limited is a provider of technology solutions for professionals and field mobile workers. The Company operates through four segments: Engineering and Construction Field Solutions Mobile Solutions and Advanced Devices. The Engineering and Construction segment provides heavy civil construction building construction and geospatial solutions. The Field Solutions segment offers positioning systems automated application systems and data collection and integration systems. The Mobile Solutions segment includes its Transportation and Logistics and Field Service Management businesses. The Advanced Devices segment includes its Embedded Technologies Military and Advanced Systems and ThingMagic businesses. Its brands include Trimble PeopleNet GEOTrac and TMW. In addition it offers TILOS software which merges both location and schedule into one combined time and distance graphical view and FlexiCadastre software which provides land management solution.

Leave a Reply

Trimble Navigation Limited - Is it time to Sell?

Top Brokerage Firms are advising their investors on Trimble Navigation Limited. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.