Aecom (ACM): Michael S Burke , Chairman & CEO of Aecom sold 22,091 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $34.00 per share for a total value of $751,094.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Daniel P Mcquade (President, Blding Construction) sold 3,000 shares at $32.00 per share price.On Jun 16, 2016, Daniel R. Tishman (Vice Chairman) sold 30,000 shares at $31.92 per share price.Also, On Jun 16, 2016, Frederick W Werner (Pres, Design & Conslt Services) sold 8,000 shares at $31.55 per share price.On Apr 28, 2016, Ronald E Osborne (SVP, Controller) sold 5,000 shares at $32.00 per share price.
Shares of Aecom (ACM) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -3.07 points or -9.05% at $30.87 with 21,22,502 shares getting traded. Post opening the session at $32.19, the shares hit an intraday low of $30.58 and an intraday high of $32.42 and the price vacillated in this range throughout the day. The company has a market cap of $4,734 M and the number of outstanding shares has been calculated to be 15,33,66,730 shares. The 52-week high of Aecom is $35.25 and the 52-week low is $22.8.
Company has been under the radar of several Street Analysts.Aecom is Initiated by Canaccord Genuity to Hold and the brokerage firm has set the Price Target at $31. The Rating was issued on Apr 12, 2016.Aecom is Initiated by Deutsche Bank to Buy and the brokerage firm has set the Price Target at $41. The Rating was issued on Apr 7, 2016.
AECOM formerly AECOM Technology Corporation designs builds finances and operates infrastructure assets for governments businesses and organizations around the world. The Company provides program and facilities management and maintenance training logistics consulting technical assistance and systems integration and information technology (IT) services. The Company operates through three segments: Design and Consulting Services (DCS) Construction Services (CS) and Management Services (MS). The DCS segment provides planning consulting architectural and engineering design and program and construction management services to commercial and government clients across the world. Its CS segment provides construction program and construction management services including building construction and energy infrastructure and industrial construction primarily in the Americas. The Company through its MS segment is a contractor to the United States Federal Government.