Dollar Tree Inc (DLTR) Files Form 4 Insider Buying : Lemuel E Lewis Buys 1,560 Shares

Dollar Tree Inc (DLTR): Lemuel E Lewis , director of Dollar Tree Inc purchased 1,560 shares on Sep 13, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $80.00 per share for a total value of $124,800.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 2, 2016, Barry W Sullivan (Executive Vice President) sold 2,449 shares at $83.21 per share price.On Aug 31, 2016, Lemuel E Lewis (director) purchased 1,470 shares at $85.00 per share price.Also, On Aug 30, 2016, Conrad M. Hall (director) purchased 5,000 shares at $85.60 per share price.On Jul 12, 2016, Thomas A Saunders (director) sold 5,000 shares at $95.50 per share price.

Dollar Tree: On Monday, Sep 12, 2016 heightened volatility was witnessed in Dollar Tree which led to swings in the share price. The shares opened for trading at $81.34 and hit $82.68 on the upside , eventually ending the session at $82.38, with a gain of 0.92% or 0.75 points. The heightened volatility saw the trading volume jump to 2,707,767 shares. The 52-week high of the share price is $99.93 and the company has a market cap of $19,423 M . The 52-week low of the share price is at $60.31.

Dollar Tree Money Flow Index Chart

Company has been under the radar of several Street Analysts.Dollar Tree is Resumed by Goldman to Buy. The Rating was issued on Sep 6, 2016.Dollar Tree is Upgraded by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 110 from a previous price target of $82 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Aug 1, 2016.

Dollar Tree Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic everyday items with seasonal closeout and promotional merchandise. As of July 06 2015 the Company operated more than 13600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree Dollar Tree Canada Deals and Family Dollar. Dollar Tree’s consumable merchandise includes candy and food health and beauty care and everyday consumables such as paper and chemicals and in select stores frozen and refrigerated food. The Company’s variety merchandise includes toys durable housewares gifts party goods greeting cards softlines and other items. Its seasonal goods include Valentine’s Day Easter Halloween and Christmas merchandise.

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