Home Depot Inc (HD) Files Form 4 Insider Selling : Craig A Menear Sells 140,372 Shares

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Home Depot Inc (HD): Craig A Menear , Chairman, CEO & President of Home Depot Inc sold 140,372 shares on Feb 22, 2017. The Insider selling transaction was reported by the company on Feb 24, 2017 to the Securities and Exchange Commission. The shares were sold at $144.66 per share for a total value of $2025969 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 30, 2016, Mark C Vadon (director) purchased 15,000 shares at $129.87 per share price.On Nov 23, 2016, Edward P. Decker (EVP, Merchandising) sold 20,000 shares at $130.80 per share price.Also, On Nov 22, 2016, Jeffery H Boyd (director) purchased 10,000 shares at $128.27 per share price.On Nov 18, 2016, Mark Holifield (EVP-Supply Chain & Product Dev) sold 15,606 shares at $128.39 per share price.

Home Depot Inc: On Wednesday, Feb 22, 2017 heightened volatility was witnessed in Home Depot Inc which led to swings in the share price. The shares opened for trading at $145.05 and hit $145.47 on the upside , eventually ending the session at $145.25, with a gain of 0.16% or 0.23 points. The heightened volatility saw the trading volume jump to 50,37,762 shares. The 52-week high of the share price is $145.65 and the company has a market cap of $176,938 M . The 52-week low of the share price is at $119.2.

Home Depot Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Home Depot Inc is Upgraded by Morgan Stanley to Overweight and the brokerage firm has raised the Price Target to $ 165 from a previous price target of $150 .Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Feb 23, 2017.Home Depot Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 158 from a previous price target of $153 .The Rating was issued on Feb 22, 2017.Home Depot Inc is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 154 from a previous price target of $150 .The Rating was issued on Feb 22, 2017.Home Depot Inc is Initiated by Bernstein to Mkt Perform and the brokerage firm has set the Price Target at $141. The Rating was issued on Feb 6, 2017.

The Home Depot Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104000 square feet of enclosed space with approximately 24000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers do-it-for-me (DIFM) customers and professional customers. As of December 31 2014 the Company had 2269 The Home Depot stores which included 1977 stores in the United States including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada and 111 stores in Mexico.

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Andy Golston

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