Sp Plus Corp (SP) Files Form 4 Insider Selling : James A Wilhelm Sells 20,000 Shares

Sp Plus Corp (SP): James A Wilhelm , director of Sp Plus Corp sold 20,000 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $24.50 per share for a total value of $490,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Capital Fund I, L.p. Versa (director 10% owner) sold 35,500 shares at $22.55 per share price.On Mar 24, 2016, James A Wilhelm (director) sold 5,000 shares at $24.79 per share price.Also, On Mar 24, 2016, Thomas L Hagerman (EVP, Chief BDO) sold 808 shares at $24.15 per share price.On Nov 19, 2015, Steven A Warshauer (Executive Vice President) sold 7,400 shares at $24.07 per share price.

SP Plus Corp: On Monday, Jul 11, 2016 heightened volatility was witnessed in SP Plus Corp which led to swings in the share price. The shares opened for trading at $24.34 and hit $24.5 on the upside , eventually ending the session at $24.44, with a gain of 0.33% or 0.08 points. The heightened volatility saw the trading volume jump to 36,926 shares. The 52-week high of the share price is $26.8 and the company has a market cap of $546 M . The 52-week low of the share price is at $18.5.

SP Plus Corp Money Flow Index Chart

SP Plus Corporation (SP Plus) is a provider of parking management ground transportation and other ancillary services to commercial institutional and municipal clients. SP Plus operates through six segments: Region One Region Two Region Three Region Four Region Five and Other. The Region One Region Three and Region Five segments include the Company’s operations in the United States Canada and Puerto Rico. Region Two includes event planning and transportation and the Company’s technology-based parking and traffic management systems. Region Four includes its airport and transportation operations across the United States. The Company’s Other segment consists of ancillary revenue not identifiable to a region and insurance reserve adjustments related to prior years. SP Plus markets its services under brands such as SP+ SP+ Transportation SP+ Facility Maintenance SP+ Event Logistics SP+ Security Ambiance in Parking Standard Parking Central Parking and USA Parking.

Leave a Reply

SP Plus Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on SP Plus Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.