Service Corporation International (SCI) Files Form 4 Insider Selling : Steven A Tidwell Sells 69,100 Shares

Service Corporation International (SCI): Steven A Tidwell , Sr.V.P. Sales & Merchandising of Service Corporation International sold 69,100 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $27.20 per share for a total value of $1,879,381.75 , 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 9, 2016, W Blair Waltrip (director) sold 1,424 shares at $27.49 per share price.On May 26, 2016, Tammy R Moore (other) sold 41,600 shares at $27.34 per share price.Also, On May 23, 2016, R L Waltrip (Founder & Chairman Emeritus) sold 122,000 shares at $26.43 per share price.On May 2, 2016, Sumner J Iii Waring (Sr. VP Operations) sold 43,800 shares at $26.69 per share price.

Shares of Service Corporation International (SCI) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.11 points or -0.40% at $27.33 with 7,72,925 shares getting traded. Post opening the session at $27.34, the shares hit an intraday low of $27.08 and an intraday high of $27.456 and the price vacillated in this range throughout the day. The company has a market cap of $5,295 M and the number of outstanding shares has been calculated to be 19,37,28,520 shares. The 52-week high of Service Corporation International is $32.02 and the 52-week low is $20.2057.

Service Corporation International Money Flow Index Chart

On May 11, 2016, Service Corporation International announced a cash dividend of $0.1300. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jun 30, 2016.

Company has been under the radar of several Street Analysts.Service Corporation International is Upgraded by Credit Suisse to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 28, 2016.Service Corporation International is Initiated by Credit Suisse to Neutral. The Rating was issued on Mar 16, 2016.

Service Corporation International is a provider of death care products and services. The Company has a network of funeral service locations and cemeteries operating in the United States and Canada. Its funeral service and cemetery operations consist of funeral service locations cemeteries funeral service/cemetery combination locations crematoria and related businesses. The Company’s segments include Funeral and Cemetery. The Company’s brands include Dignity Memorial Dignity Planning National Cremation Society Advantage Funeraria Del Angel Making Everlasting Memories and Neptune Society/Trident Society. The Company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a pre-need basis. The Company provides professional services relating to funerals and cremations including the use of funeral facilities and motor vehicles and preparation and embalming services.

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