Eaton Corp Plc (ETN) Files Form 4 Insider Selling : Mark M Mcguire Sells 18,751 Shares

Eaton Corp Plc (ETN): Mark M Mcguire , officer of Eaton Corp Plc sold 18,751 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $63.04 per share for a total value of $1,182,106.12 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Alexander M Cutler (director officer ) sold 138,762 shares at $62.33 per share price.On Feb 23, 2016, Cynthia K Brabander (officer ) purchased 810 shares at $57.50 per share price.Also, On Dec 16, 2015, Deborah L Mccoy (director) sold 7,296 shares at $50.38 per share price.On Dec 16, 2015, Gregory R Page (director) purchased 1,000 shares at $50.39 per share price.

Shares of Eaton Corporation PLC Ordinary Shares (ETN) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -0.59% at $62.77 with 11,97,547 shares getting traded. Post opening the session at $62.66, the shares hit an intraday low of $62.23 and an intraday high of $62.92 and the price vacillated in this range throughout the day. The company has a market cap of $28,749 M and the number of outstanding shares has been calculated to be 45,80,00,000 shares. The 52-week high of Eaton Corporation PLC Ordinary Shares is $72.9899 and the 52-week low is $46.19.

Eaton Corporation PLC Ordinary Shares Money Flow Index Chart

Company has been under the radar of several Street Analysts.Eaton Corporation PLC Ordinary Shares is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 59 from a previous price target of $57 .The Rating was issued on May 2, 2016.Eaton Corporation PLC Ordinary Shares is Downgraded by Longbow to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 4, 2016.

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