Global Payments Inc (GPN) Files Form 4 Insider Selling : Robert H B Jr Baldwin Sells 6,500 Shares

Global Payments Inc (GPN): Robert H B Jr Baldwin , director of Global Payments Inc sold 6,500 shares on Sep 19, 2016. The Insider selling transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were sold at $74.73 per share for a total value of $485,745.00 , 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 15, 2016, William I Jacobs (director) sold 600 shares at $73.62 per share price.On Aug 22, 2016, Robert H B Jr Baldwin (director) sold 6,500 shares at $74.34 per share price.Also, On Aug 11, 2016, David Lawrence Green (EVP and General Counsel) sold 5,702 shares at $75.06 per share price.On Aug 10, 2016, David E Mangum (President and COO) sold 88,938 shares at $75.04 per share price.

Shares of Global Payments Inc (GPN) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.01% at $74.43 with 7,49,903 shares getting traded. Post opening the session at $74.91, the shares hit an intraday low of $74.17 and an intraday high of $75.08 and the price vacillated in this range throughout the day. The company has a market cap of $11,435 M and the number of outstanding shares has been calculated to be 15,36,30,060 shares. The 52-week high of Global Payments Inc is $79.93 and the 52-week low is $51.29.

Global Payments Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Global Payments Inc is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Sep 15, 2016.Global Payments Inc is Initiated by Wedbush to Outperform and the brokerage firm has set the Price Target at $85. The Rating was issued on Sep 9, 2016.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 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.

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