Global Payments Inc (GPN) Files Form 4 Insider Selling : William I Jacobs Sells 600 Shares

Global Payments Inc (GPN): William I Jacobs , director of Global Payments Inc sold 600 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $73.71 per share for a total value of $44,237.60 , 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, William I Jacobs (director) sold 1,200 shares at $72.87 per share price.On Apr 13, 2016, Gerald J Wilkins (director) sold 3,000 shares at $75.22 per share price.Also, On Apr 13, 2016, Ruth Ann Marshall (director) sold 8,740 shares at $72.71 per share price.On Oct 20, 2015, Guido Francesco Sacchi (EVP and CIO) sold 3,440 shares at $130.40 per share price.

Shares of Global Payments Inc (GPN) ended Tuesday, Jun 14, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.05% at $73.74 with 11,04,070 shares getting traded. Post opening the session at $73.68, the shares hit an intraday low of $72.95 and an intraday high of $73.87 and the price vacillated in this range throughout the day. The company has a market cap of $11,356 M and the number of outstanding shares has been calculated to be 15,40,01,000 shares. The 52-week high of Global Payments Inc is $78.92 and the 52-week low is $50.695.

Global Payments Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Global Payments Inc is Resumed by Goldman to Neutral. The Rating was issued on Apr 26, 2016.Global Payments Inc is Initiated by Nomura to Reduce. The Rating was issued on Apr 20, 2016.Global Payments Inc is Initiated by Compass Point to Neutral and the brokerage firm has set the Price Target at $70. The Rating was issued on Apr 15, 2016.Global Payments Inc is Reiterated by Piper Jaffray to Neutral and the brokerage firm has raised the Price Target to $ 76 from a previous price target of $73 .The Rating was issued on Apr 7, 2016.

Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates in two segments: North America merchant services and International merchant services. The Company’s North America merchant services and International merchant services segments primarily provide payment solutions for credit cards debit cards electronic payments and check-related services. The Company’s North America merchant services and International merchant services segments target customers in various industries including financial services gaming government healthcare professional services restaurants retail universities not-for-profit organizations and utilities. The Company performs a series of services including authorization electronic draft capture file transfers to facilitate funds settlement and certain exception-based back office support services such as chargeback and retrieval resolution.

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