Dycom Industries Inc (DY): Timothy R Estes , Executive VP & COO of Dycom Industries Inc sold 10,000 shares on Jul 14, 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 $96.03 per share for a total value of $960,319.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 15, 2016, H Andrew Deferrari (Sr. VP & CFO) sold 9,147 shares at $95.99 per share price.On Jul 12, 2016, Richard B Vilsoet (Vice President & Secretary) sold 28,642 shares at $93.65 per share price.Also, On Jul 12, 2016, Rebecca Brightly Roach (VP & Chief Accounting Officer) sold 1,000 shares at $94.37 per share price.On Jul 12, 2016, Patricia Higgins (director) sold 9,455 shares at $94.15 per share price.
Shares of Dycom Industries (DY) ended Friday, Jul 15, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -0.15% at $94.85 with 2,89,386 shares getting traded. Post opening the session at $95.52, the shares hit an intraday low of $94.4 and an intraday high of $96.08 and the price vacillated in this range throughout the day. The company has a market cap of $2,973 M and the number of outstanding shares has been calculated to be 3,13,45,101 shares. The 52-week high of Dycom Industries is $97.27 and the 52-week low is $47.1.
Company has been under the radar of several Street Analysts.Dycom Industries is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 115 from a previous price target of $100 .The Rating was issued on May 25, 2016.Dycom Industries is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 86 from a previous price target of $80 .The Rating was issued on May 20, 2016.Dycom Industries is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 80 from a previous price target of $75 .The Rating was issued on May 11, 2016.
Dycom Industries Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company through its subsidiaries provides engineering construction maintenance and installation services to telecommunications providers underground facility locating services to various utilities including telecommunications providers and other construction and maintenance services to electric and gas utilities. It offers engineering services which include the design of aerial underground and buried fiber optic copper and coaxial cable systems that extend from the telephone company central office or cable operator headend to the consumer’s home or business. It also provides tower construction lines and antenna installation and foundation and equipment pad construction for wireless carriers as well as equipment installation and material fabrication and site testing services.