Abm Industries Inc /de/ (ABM) Files Form 4 Insider Selling : Scott J Giacobbe Sells 5,000 Shares

Abm Industries Inc /de/ (ABM): Scott J Giacobbe , Pres – Building & Energy of Abm Industries Inc /de/ sold 5,000 shares on Jul 15, 2016. The Insider selling transaction was reported by the company on Jul 18, 2016 to the Securities and Exchange Commission. The shares were sold at $36.86 per share for a total value of $184,291.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 11, 2016, Maryellen C Herringer (director) sold 1,854 shares at $36.83 per share price.On Jun 16, 2016, Phil Ferguson (director) sold 7,000 shares at $36.62 per share price.Also, On Jun 14, 2016, Sarah H Mcconnell (EVP/GEN. COUNSEL/CORP. SECTY.) sold 10,400 shares at $37.03 per share price.On Jun 14, 2016, Thomas J Marano (Pres – Air Serv) sold 25,725 shares at $37.01 per share price.

ABM Industries: On Friday, Jul 15, 2016 heightened volatility was witnessed in ABM Industries which led to swings in the share price. The shares opened for trading at $37.16 and hit $37.26 on the upside , eventually ending the session at $37.25, with a gain of 0.57% or 0.21 points. The heightened volatility saw the trading volume jump to 2,64,016 shares. The 52-week high of the share price is $37.855 and the company has a market cap of $2,083 M . The 52-week low of the share price is at $26.5.

ABM Industries Money Flow Index Chart

Company has been under the radar of several Street Analysts.ABM Industries is Reiterated by Imperial Capital to In-line and the brokerage firm has raised the Price Target to $ 38 from a previous price target of $33 .The Rating was issued on Jun 23, 2016.

ABM Industries Incorporated (ABM) is a provider of integrated facility solutions. The Company provides end-to-end integrated facilities management services to commercial governmental industrial institutional residential and retail client facilities in cities primarily throughout the United States. ABM’s capabilities include facility services energy solutions commercial cleaning maintenance and repair heating ventilation and air conditioning (HVAC) electrical landscaping parking and security through stand-alone or integrated solutions. The Company’s onsite businesses consist of Janitorial Facility Services Parking and Security segments. Its mobile and on-demand businesses consist of the Building & Energy Solutions segment and certain unconsolidated affiliates that provide facility solutions primarily to the U.S. Government which complement the other operations of the Building & Energy Solutions segment. The Company’s new segment Other is comprised of Air Serv.

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