State Street Corp (STT) Files Form 4 Insider Selling : Karen C Keenan Sells 1,000 Shares

State Street Corp (STT): Karen C Keenan , EVP and Chief Admin. Officer of State Street Corp sold 1,000 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were sold at $57.51 per share for a total value of $57,510.00 , 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, Jeffrey N Carp (EVP, CLO and Secretary) sold 5,000 shares at $55.00 per share price.On Feb 1, 2016, Sean P Newth (SVP, CAO and Controller) sold 500 shares at $53.63 per share price.Also, On Nov 24, 2015, Joseph L Hooley (Chairman and CEO) sold 36,871 shares at $72.98 per share price.On Aug 13, 2015, Gunjan Kedia (Executive Vice President) sold 3,000 shares at $78.30 per share price.

State Street Corp: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in State Street Corp which led to swings in the share price. The shares opened for trading at $57.59 and hit $57.85 on the upside , eventually ending the session at $57.77, with a gain of 0.54% or 0.31 points. The heightened volatility saw the trading volume jump to 18,36,832 shares. The 52-week high of the share price is $81.26 and the company has a market cap of $22,873 M . The 52-week low of the share price is at $50.595.

State Street Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.State Street Corp is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 65 from a previous price target of $55 .The Rating was issued on Apr 28, 2016.

State Street Corporation (State Street) the parent company is a financial holding company. The parent company provides financial and managerial support to its legal and operating subsidiaries. The Company through its subsidiary State Street Bank provides financial services and products to institutional investors across the world. Its clients include mutual funds collective investment funds and other investment pools corporate and public retirement plans insurance companies foundations endowments and investment managers. It has two lines of business: Investment Servicing and Investment Management. The Investment Servicing line of business performs core custody and related value-added functions such as providing institutional investors with clearing payment and settlement services. It provides Investment Management services through State Street Global Advisors (SSGA) .SSGA provides an array of investment management investment research and investment advisory services.

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