Emcor Group Inc (EME): Michael T Yonker , director of Emcor Group Inc sold 10,833 shares on Jun 21, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $48.62 per share for a total value of $526,291.69 , 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 3, 2016, Jerry E Ryan (director) sold 6,382 shares at $48.69 per share price.On Dec 7, 2015, R Kevin Matz (EVP – Shared Services) sold 16,149 shares at $51.85 per share price.Also, On Nov 12, 2015, Michael T Yonker (director) sold 20,000 shares at $49.47 per share price.On Nov 4, 2015, Richard F Jr Hamm (director) sold 9,201 shares at $49.35 per share price.
Emcor Group Inc: On Monday, Jun 20, 2016 heightened volatility was witnessed in Emcor Group Inc which led to swings in the share price. The shares opened for trading at $47.46 and hit $47.51 on the upside , eventually ending the session at $47.1, with a gain of 0.53% or 0.25 points. The heightened volatility saw the trading volume jump to 2,16,324 shares. The 52-week high of the share price is $52.37 and the company has a market cap of $2,859 M . The 52-week low of the share price is at $40.9803.
Company has been under the radar of several Street Analysts.Emcor Group Inc is Initiated by Sidoti to Buy and the brokerage firm has set the Price Target at $65. The Rating was issued on Jun 21, 2016.Emcor Group Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 57 from a previous price target of $54 .The Rating was issued on May 2, 2016.
EMCOR Group Inc. (EMCOR) is an electrical and mechanical construction and facilities services firm in the United States. The Company provides a number of building services and industrial services. Its services are provided to a range of commercial industrial utility and institutional customers through approximately 70 operating subsidiaries and joint venture entities. It specializes in providing construction services relating to electrical and mechanical systems in all types of non-residential and certain residential facilities and in providing various services relating to the operation maintenance and management of facilities including refineries and petrochemical plants. The Company operates in segments: United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services and United Kingdom building services.