Flir Systems Inc (FLIR) Files Form 4 Insider Selling : Earl R Lewis Sells 52,288 Shares

Flir Systems Inc (FLIR): Earl R Lewis , director of Flir Systems Inc sold 52,288 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $30.99 per share for a total value of $1,620,405.12 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Angus L Macdonald (director) sold 5,340 shares at $31.10 per share price.On Mar 14, 2016, Steven E Wynne (director) sold 20,000 shares at $31.95 per share price.Also, On Mar 14, 2016, Earl R Lewis (director) sold 11,625 shares at $31.10 per share price.On Mar 2, 2016, Michael T Smith (director) sold 15,000 shares at $31.76 per share price.

Shares of FLIR Systems (FLIR) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.42% at $31.1 with 4,38,785 shares getting traded. Post opening the session at $31.04, the shares hit an intraday low of $30.88 and an intraday high of $31.16 and the price vacillated in this range throughout the day. The company has a market cap of $4,280 M and the number of outstanding shares has been calculated to be 13,76,31,900 shares. The 52-week high of FLIR Systems is $34.085 and the 52-week low is $25.12.

FLIR Systems Money Flow Index Chart

Company has been under the radar of several Street Analysts.FLIR Systems is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 36 from a previous price target of $35 .The Rating was issued on Mar 30, 2016.

FLIR Systems Inc. (FLIR) designs develops markets and distributes thermal imaging systems visible-light imaging systems locater systems measurement and diagnostic systems and advanced threat-detection solutions. The Company’s operating segments include: Surveillance Instruments OEM and Emerging Markets Maritime Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image measure and assess thermal energy gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors instruments and integrated platform solutions for the detection identification and suppression of chemical and other related threats.

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