Pentair Plc (PNR) Files Form 4 Insider Selling : Randall J Hogan Sells 210,966 Shares

Pentair Plc (PNR): Randall J Hogan , Chairman & Chief Exec. Officer of Pentair Plc sold 210,966 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $60.71 per share for a total value of $12808126 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, Karl R. Frykman (President Aquatic Systems) sold 11,900 shares at $60.00 per share price.On Dec 1, 2015, Glynis Bryan (director) sold 10,000 shares at $56.69 per share price.Also, On Nov 18, 2015, William T Monahan (director) sold 7,005 shares at $55.56 per share price.On Sep 30, 2015, Christopher Stevens (President of V&C) sold 151 shares at $53.62 per share price.

Pentair plc. Ordinary Share: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Pentair plc. Ordinary Share which led to swings in the share price. The shares opened for trading at $60.94 and hit $61.53 on the upside , eventually ending the session at $61.07, with a gain of 0.58% or 0.35 points. The heightened volatility saw the trading volume jump to 16,88,661 shares. The 52-week high of the share price is $69.65 and the company has a market cap of $11,036 M . The 52-week low of the share price is at $41.57.

Pentair plc. Ordinary Share Money Flow Index Chart

On May 11, 2016, Pentair plc. Ordinary Share announced a cash dividend of $0.3400. The company’s management has announced Jul 20, 2016 as the ex-dividend date and fixed the record date on Jul 22, 2016. The payable date has been fixed on Aug 5, 2016.

Company has been under the radar of several Street Analysts.Pentair plc. Ordinary Share is Upgraded by Bernstein to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Apr 27, 2016.Pentair plc. Ordinary Share is Downgraded by UBS to Neutral and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $48 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 27, 2016.Pentair plc. Ordinary Share is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $55 .The Rating was issued on Apr 27, 2016.Pentair plc. Ordinary Share is Initiated by Susquehanna to Positive. The Rating was issued on Mar 24, 2016.

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Pentair plc. Ordinary Share - Is it time to Sell?

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