Chicago Bridge & Iron Co N V (CBI) Files Form 4 Insider Selling : Beth A Bailey Sells 2,701 Shares

Chicago Bridge & Iron Co N V (CBI): Beth A Bailey , EXECUTIVE VICE PRESIDENT of Chicago Bridge & Iron Co N V sold 2,701 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $38.00 per share for a total value of $102,638.00 , 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 1, 2016, Westley S. Stockton (VP, Controller, CAO) sold 1,561 shares at $38.70 per share price.On Apr 25, 2016, Beth A Bailey (EXECUTIVE VICE PRESIDENT) sold 2,000 shares at $40.00 per share price.Also, On Mar 30, 2016, Edgar C. Ray (EXECUTIVE VICE PRESIDENT) sold 11,000 shares at $37.19 per share price.On Jun 2, 2015, James W. Sabin (Executive Vice President) sold 6,851 shares at $55.50 per share price.

Chicago Bridge & Iron Company N.V.: On Friday, Jun 3, 2016 heightened volatility was witnessed in Chicago Bridge & Iron Company N.V. which led to swings in the share price. The shares opened for trading at $37.52 and hit $38.28 on the upside , eventually ending the session at $38.18, with a gain of 0.71% or 0.27 points. The heightened volatility saw the trading volume jump to 14,34,763 shares. The 52-week high of the share price is $57.82 and the company has a market cap of $4,019 M . The 52-week low of the share price is at $31.3.

Chicago Bridge & Iron Company N.V. Money Flow Index Chart

Company has been under the radar of several Street Analysts.Chicago Bridge & Iron Company N.V. is Upgraded by Johnson Rice to Buy. Earlier the firm had a rating of Accumulate on the company shares. The Rating was issued on May 16, 2016.

Chicago Bridge and Iron Company N.V. (CBandI) provides a range of services to customers in the energy infrastructure market across the world. The Company also provides various Government services. CBandI operates through four segments: Engineering Construction and Maintenance which provides engineering procurement and construction (EPC) services for energy infrastructure facilities as well as integrated maintenance services; Fabrication Services which provides fabrication of piping systems process and nuclear modules; fabrication and erection of steel plate structures and manufacturing and distribution of pipe and fittings for various industries such as oil and gas mining mineral processing and power generation; Technology which provides licensed process technologies catalysts and engineered products and offers process planning and project development services and Environmental Solutions which provides environmental services for Government and private sector customers.

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