Metlife Inc (MET): Maria R Morris , EVP, Global Employee Benefits of Metlife Inc sold 2,000 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were sold at $39.43 per share for a total value of $78,860.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, Maria R Morris (EVP, Global Employee Benefits) sold 4,200 shares at $45.15 per share price.On Dec 4, 2015, Kenton J Sicchitano (director) sold 9,503 shares at $50.78 per share price.Also, On Jun 30, 2015, James M Kilts (director) sold 145 shares at $25.06 per share price.On Jun 24, 2015, Steven A Kandarian (Chairman, President & CEO) sold 17,500 shares at $57.12 per share price.
Shares of Metlife Inc (MET) ended Friday, Jul 1, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.85% at $39.49 with 81,73,241 shares getting traded. Post opening the session at $39.56, the shares hit an intraday low of $39.155 and an intraday high of $39.97 and the price vacillated in this range throughout the day. The company has a market cap of $43,386 M and the number of outstanding shares has been calculated to be 1,09,86,66,690 shares. The 52-week high of Metlife Inc is $58.13 and the 52-week low is $35.
Company has been under the radar of several Street Analysts.Metlife Inc is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 62 from a previous price target of $65 . The Rating was issued on May 5, 2016.
MetLife Inc. (MetLife) is a provider of life insurance annuities employee benefits and asset management. The Companys segments include Retail; Group Voluntary & Worksite Benefits and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively the Americas); Asia and Europe the Middle East and Africa (EMEA). In addition MetLife’s Corporate & Other includes MetLife Home Loans LLC (MLHL) the surviving non-bank entity of the merger of MetLife Bank National Association (MetLife Bank) with and into MLHL and other business activities. Through its subsidiaries and affiliates it operates in the United States Japan Latin America Asia Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.