Global Payments Inc (GPN): Robert H B Jr Baldwin , director of Global Payments Inc sold 6,500 shares on Jul 18, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $76.61 per share for a total value of $497,965.00 , 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, William I Jacobs (director) sold 600 shares at $75.80 per share price.On Apr 13, 2016, Gerald J Wilkins (director) sold 3,000 shares at $75.22 per share price.Also, On Apr 13, 2016, Ruth Ann Marshall (director) sold 8,740 shares at $72.71 per share price.On Oct 20, 2015, Guido Francesco Sacchi (EVP and CIO) sold 3,440 shares at $130.40 per share price.
Global Payments Inc: On Monday, Jul 18, 2016 heightened volatility was witnessed in Global Payments Inc which led to swings in the share price. The shares opened for trading at $76.55 and hit $76.87 on the upside , eventually ending the session at $76.76, with a gain of 0.05% or 0.04 points. The heightened volatility saw the trading volume jump to 6,82,642 shares. The 52-week high of the share price is $78.92 and the company has a market cap of $11,821 M . The 52-week low of the share price is at $50.695.
Company has been under the radar of several Street Analysts.Global Payments Inc is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 79 from a previous price target of $72 .The Rating was issued on Jul 12, 2016.Global Payments Inc is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 73 from a previous price target of $78 . The Rating was issued on Jul 7, 2016.Global Payments Inc is Resumed by Goldman to Neutral. The Rating was issued on Apr 26, 2016.
Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates in two segments: North America merchant services and International merchant services. The Company’s North America merchant services and International merchant services segments primarily provide payment solutions for credit cards debit cards electronic payments and check-related services. The Company’s North America merchant services and International merchant services segments target customers in various industries including financial services gaming government healthcare professional services restaurants retail universities not-for-profit organizations and utilities. The Company performs a series of services including authorization electronic draft capture file transfers to facilitate funds settlement and certain exception-based back office support services such as chargeback and retrieval resolution.