Tetra Tech Inc (TTEK) Files Form 4 Insider Selling : Dan L Batrack Sells 50,000 Shares

Tetra Tech Inc (TTEK): Dan L Batrack , CHAIRMAN AND CEO of Tetra Tech Inc sold 50,000 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $30.66 per share for a total value of $1,544,175.75 , 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 13, 2016, J Kenneth Thompson (director) sold 1,675 shares at $30.87 per share price.On Jun 9, 2016, Albert E Smith (director) sold 7,000 shares at $30.94 per share price.Also, On Jun 9, 2016, Richard H Truly (director) sold 8,000 shares at $30.99 per share price.On Jun 2, 2016, Craig L Christensen (SVP & CIO) sold 16,750 shares at $30.25 per share price.

Shares of Tetra Tech (TTEK) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.41 points or -1.33% at $30.47 with 2,60,292 shares getting traded. Post opening the session at $30.55, the shares hit an intraday low of $30.265 and an intraday high of $30.74 and the price vacillated in this range throughout the day. The company has a market cap of $1,765 M and the number of outstanding shares has been calculated to be 5,79,29,605 shares. The 52-week high of Tetra Tech is $31.74 and the 52-week low is $22.85.

Tetra Tech Money Flow Index Chart

Company has been under the radar of several Street Analysts.Tetra Tech is Downgraded by FBR Capital to Mkt Perform and the brokerage firm has set the Price Target at $32. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 29, 2016.Tetra Tech is Downgraded by Wedbush to Neutral and the brokerage firm has set the Price Target at $31. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 20, 2016.Tetra Tech is Initiated by Sidoti to Buy and the brokerage firm has set the Price Target at $40. The Rating was issued on Apr 19, 2016.Tetra Tech is Initiated by Canaccord Genuity to Hold and the brokerage firm has set the Price Target at $30. The Rating was issued on Apr 12, 2016.

Tetra Tech Inc. is a provider of consulting engineering program management construction management and technical services focusing on natural resource management infrastructure energy and the environment. The Company is a full-service company that leads with science. The Company serves public and private clients by addressing the fundamental needs for water natural resources environmental services infrastructure and energy. Its solutions span the entire life cycle of the project and include applied science research and technology engineering design construction management construction operations and maintenance and information technology. The Company operates through four segments: Engineering and Consulting Services (ECS) Technical Support Services (TSS) Engineering and Architecture Services (EAS) and Remediation and Construction Management (RCM).

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