Vantiv, Inc. (VNTV): Nelson F Greene , Chf Legal & Corp Svcs Officer of Vantiv, Inc. sold 28,126 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $54.30 per share for a total value of $1,527,326.12 , 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 12, 2016, Christopher A Thompson (SVP, Controller and CAO) sold 4,000 shares at $54.71 per share price.On Apr 4, 2016, Mark L Heimbouch (Chief Op. & Fin. Officer) sold 30,000 shares at $53.59 per share price.Also, On Mar 23, 2016, Royal Cole (Grp Pres, Merchant & FI Svcs) sold 20,193 shares at $52.67 per share price.On Mar 21, 2016, Jeffrey E Stiefler (director) sold 2,271 shares at $51.11 per share price.
Vantiv Inc: On Monday, May 2, 2016 heightened volatility was witnessed in Vantiv Inc which led to swings in the share price. The shares opened for trading at $54.51 and hit $54.695 on the upside , eventually ending the session at $54.64, with a gain of 0.18% or 0.1 points. The heightened volatility saw the trading volume jump to 15,02,187 shares. The 52-week high of the share price is $58.09 and the company has a market cap of $10,457 M . The 52-week low of the share price is at $37.69.
Company has been under the radar of several Street Analysts.Vantiv Inc is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 59 from a previous price target of $52 .The Rating was issued on Apr 21, 2016.Vantiv Inc is Initiated by Nomura to Buy and the brokerage firm has set the Price Target at $61. The Rating was issued on Apr 20, 2016.Vantiv Inc is Initiated by Compass Point to Neutral and the brokerage firm has set the Price Target at $52. The Rating was issued on Apr 15, 2016.Vantiv Inc is Downgraded by Goldman to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 1, 2016.Vantiv Inc is Initiated by Sterne Agee CRT to Neutral and the brokerage firm has set the Price Target at $57. The Rating was issued on Mar 24, 2016.
Vantiv Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary Vantiv Holding LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing including authorization and settlement customer service chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing payment network processing fraud protection card production prepaid program management automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts such as business cards home equity lines of credit and health savings accounts.