Centurylink, Inc (CTL) Files Form 4 Insider Selling : Harvey P Perry Sells 20,000 Shares

Centurylink, Inc (CTL): Harvey P Perry , director of Centurylink, Inc sold 20,000 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 15, 2016 to the Securities and Exchange Commission. The shares were sold at $31.00 per share for a total value of $620,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 19, 2016, Maxine L Moreau (EVP, Global Ops & Shared Svcs) sold 3,841 shares at $30.23 per share price.On Jan 15, 2016, C G Jr Melville (director) sold 700 shares at $23.28 per share price.Also, On Dec 11, 2015, Laurie Siegel (director) sold 4,983 shares at $26.94 per share price.On Aug 25, 2015, Harvey P Perry (director other) purchased 2,000 shares at $27.35 per share price.

Centurylink Inc: On Friday, Jul 15, 2016 heightened volatility was witnessed in Centurylink Inc which led to swings in the share price. The shares opened for trading at $31.53 and hit $31.56 on the upside , eventually ending the session at $31.32, with a gain of 0.06% or 0.02 points. The heightened volatility saw the trading volume jump to 45,68,449 shares. The 52-week high of the share price is $32.94 and the company has a market cap of $17,102 M . The 52-week low of the share price is at $21.94.

Centurylink Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Centurylink Inc is Initiated by Macquarie to Neutral and the brokerage firm has set the Price Target at $31. The Rating was issued on Jul 11, 2016.Centurylink Inc is Initiated by Evercore ISI to Hold. The Rating was issued on Jun 22, 2016.Centurylink Inc is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 3, 2016.

CenturyLink Inc. is an integrated communications company. The Company is engaged in providing an array of communications services to residential business governmental and wholesale customers. The Company’s communications services include local and long-distance broadband private line Multi-Protocol Label Switching (MPLS) data integration managed hosting colocation Ethernet network access video wireless and other ancillary services. The Company operates in two segments: Business and Consumer. The Business segment provides strategic legacy and data integration products and services to enterprise wholesale and governmental customers including other communication providers. The Consumer segment provides strategic and legacy products and services to residential customers.

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