Chicago Bridge & Iron Co N V (CBI) Files Form 4 Insider Selling : Patrick K Mullen Sells 11,985 Shares

Chicago Bridge & Iron Co N V (CBI): Patrick K Mullen , Executive Vice President of Chicago Bridge & Iron Co N V sold 11,985 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 $36.65 per share for a total value of $439,250.25 , 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 7, 2016, Beth A Bailey (EXECUTIVE VICE PRESIDENT) sold 2,701 shares at $38.00 per share price.On Jun 1, 2016, Westley S. Stockton (VP, Controller, CAO) sold 1,561 shares at $38.70 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.

Shares of Chicago Bridge & Iron Company N.V. (CBI) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -2.75 points or -7.46% at $34.13 with 24,76,760 shares getting traded. Post opening the session at $35.08, the shares hit an intraday low of $34.06 and an intraday high of $35.45 and the price vacillated in this range throughout the day. The company has a market cap of $3,593 M and the number of outstanding shares has been calculated to be 10,52,74,916 shares. The 52-week high of Chicago Bridge & Iron Company N.V. is $54.03 and the 52-week low is $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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