United Parcel Service Inc (UPS): David A Barnes , Senior Vice President of United Parcel Service Inc sold 11,712 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 $102.47 per share for a total value of $1,200,067.88 , 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 19, 2016, D Scott Davis (director) sold 33,713 shares at $97.57 per share price.On Sep 1, 2015, Kurt P Kuehn (Senior Vice President) sold 10,338 shares at $98.14 per share price.Also, On Aug 3, 2015, James J. Barber (Senior Vice President) sold 2,331 shares at $102.58 per share price.On Mar 2, 2015, Teri P Mcclure (Sr VP, Gen Counsel & Sec) sold 8,000 shares at $101.81 per share price.
United Parcel Service: On Wednesday, May 25, 2016 heightened volatility was witnessed in United Parcel Service which led to swings in the share price. The shares opened for trading at $102.15 and hit $102.67 on the upside , eventually ending the session at $102.3, with a gain of 0.31% or 0.32 points. The heightened volatility saw the trading volume jump to 16,50,476 shares. The 52-week high of the share price is $107.32 and the company has a market cap of $90,297 M . The 52-week low of the share price is at $87.3.
Company has been under the radar of several Street Analysts.United Parcel Service is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 110 from a previous price target of $102 .The Rating was issued on Apr 29, 2016.United Parcel Service is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 109 from a previous price target of $102 .The Rating was issued on Mar 24, 2016.
United Parcel Service Inc. is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages in over 220 countries and territories. It also provides control and visibility of customers inventories and supply chains via its UPS technology platform. The Company offers transportation distribution forwarding ground freight ocean freight air freight brokerage and financing services. It operates in three segments: U.S. Domestic Package International Package and Supply Chain & Freight. Its WorldShip is a desktop shipping application that provides middle market and large customers with shipping capabilities. Customers can create custom labels set up shipment alerts create and upload customs documentation track and export shipments create reports and integrate with their enterprise resource planning and accounting systems. UPS marketplace shipping allows marketplace sellers to ship their orders via www.ups.com or WorldShip.