Invesco Ltd. (IVZ) Files Form 4 Insider Selling : Colin Meadows Sells 40,433 Shares

Invesco Ltd. (IVZ): Colin Meadows , Senior Managing Director of Invesco Ltd. sold 40,433 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $28.43 per share for a total value of $1,149,510.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 23, 2016, Colin Meadows (Senior Managing Director) sold 17,250 shares at $28.68 per share price.On Mar 1, 2016, Martin L Flanagan (President & CEO) sold 296,359 shares at $27.34 per share price.Also, On May 28, 2015, Edward P Lawrence (director) sold 2,500 shares at $40.32 per share price.On May 5, 2015, J Thomas Presby (director) sold 4,708 shares at $41.80 per share price.

Shares of Invesco Ltd. (IVZ) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.65 points or -2.24% at $28.42 with 42,98,159 shares getting traded. Post opening the session at $28.6, the shares hit an intraday low of $28.29 and an intraday high of $28.66 and the price vacillated in this range throughout the day. The company has a market cap of $11,859 M and the number of outstanding shares has been calculated to be 41,72,66,260 shares. The 52-week high of Invesco Ltd. is $39.81 and the 52-week low is $24.9.

Invesco Ltd. Money Flow Index Chart

Company has been under the radar of several Street Analysts.Invesco Ltd. is Downgraded by UBS to Neutral while Lowering the Price Target of the company shares to $ 32 from a previous price target of $34 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 2, 2016.

Invesco Ltd. (Invesco) is an independent global investment manager. The Company delivers an array of investment capabilities and services to retail and institutional investors through its global platform. The Company has presence in the institutional and retail markets within the investment management industry in North America the United Kingdom Europe the Middle East and Asia-Pacific. The Company offers a range of domestic and global institutional strategies including traditional and quantitative equities fixed income (including money market funds for institutional clients) real estate private equity financial structures and absolute return strategies. Invesco offers retail investment solutions to clients through third-party financial intermediaries including traditional broker-dealers fund supermarkets retirement platforms financial advisors banks insurance companies and trust companies.

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