Aramark (ARMK) Files Form 4 Insider Selling : Stephen R Reynolds Sells 93,750 Shares

Aramark (ARMK): Stephen R Reynolds , EVP, GC and Secretary of Aramark sold 93,750 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $33.17 per share for a total value of $3,109,378.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Lynn Mckee (EVP, Human Resources) sold 50,000 shares at $32.01 per share price.On Aug 25, 2015, Todd M Abbrecht (director) sold 8,725,722 shares at $32.30 per share price.Also, On Aug 24, 2015, David Barr (director) sold 6,517,070 shares at $32.30 per share price.On Mar 6, 2015, Joseph Neubauer (10% owner) sold 1,000,000 shares at $32.15 per share price.

Shares of Aramark (ARMK) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.03% at $33.28 with 12,56,706 shares getting traded. Post opening the session at $33.22, the shares hit an intraday low of $33.02 and an intraday high of $33.41 and the price vacillated in this range throughout the day. The company has a market cap of $8,081 M and the number of outstanding shares has been calculated to be 24,28,25,330 shares. The 52-week high of Aramark is $35.06 and the 52-week low is $28.09.

Aramark Money Flow Index Chart

Company has been under the radar of several Street Analysts.Aramark is Initiated by Berenberg to Hold. The Rating was issued on Apr 26, 2016.Aramark is Initiated by Nomura to Buy and the brokerage firm has set the Price Target at $39. The Rating was issued on Apr 20, 2016.Aramark is Initiated by Sterne Agee CRT to Buy. The Rating was issued on Mar 22, 2016.

Aramark formerly ARAMARK Holdings Corporation is a global provider of food facilities and uniform services to education healthcare business and industry and sports leisure and corrections clients. The Company’s core market is North America. It serves students patients employees sports fans and guests worldwide. It serves over 500 million meals annually to approximately five million students at colleges universities and K-12 schools services over 2000 healthcare facilities caters to approximately 100 million sports fans and operates in 22 countries in North America Europe Asia and South America as of September 28 2012. It operates in three reportable segments: food and Support Services North America or FSS North America Food and Support Services International or FSS International and Uniform and Career Apparel or Uniform.

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