Web.com Group, Inc. (WEB) Files Form 4 Insider Selling : Jason Teichman Sells 30,000 Shares

Web.com Group, Inc. (WEB): Jason Teichman , Chief Operating Officer of Web.com Group, Inc. sold 30,000 shares on Jun 16, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $17.45 per share for a total value of $523,632.00 , 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 18, 2016, John Giuliani (director) purchased 14,000 shares at $16.52 per share price.On Dec 14, 2015, Kevin M Carney (EVP/Chief Financial Officer) sold 50,000 shares at $22.78 per share price.

Company has been under the radar of several Street Analysts.Web.com Group Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 24 from a previous price target of $23 .The Rating was issued on May 6, 2016.

Web.com Group Inc. (Web.com) provides a range of Internet services to small businesses. The Company offers Domain Name Registration and Services Do-It-For-Me Web Solutions Do-It-Yourself Web Solutions and Online Marketing Services. It offers Domain Name Registration and Services such as domain name registration transfers renewals expiration protection and privacy services. It offers Do-It-For-Me (DIFM) Web Solutions such as custom Website Ignite Facebook Boost by Web.com and eCommerce. It offers Do-It-Yourself Web Solutions such as Website building and marketing solutions. It offers Online Marketing Services such as search engine optimization (SEO) search engine marketing Leads by Web and renovation experts. Web.com offers small businesses subscription-based solutions such as domains hosting Website design and management search engine optimization online marketing campaigns local sales leads social media mobile products and eCommerce solutions.

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