ABM Industries SVP Sarah Mcconnell Sells 11,904 Shares (ABM)
ABM Industries (NYSE:ABM) SVP Sarah Mcconnell sold 11,904 shares of the company’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $25.35, for a total value of $301,766.40. Following the completion of the transaction, the senior vice president now directly owns 35,326 shares of the company’s stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of ABM Industries (NYSE:ABM) from $24.50 to $26.00 in a research note to investors on Friday. They now have an “in-line” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of ABM Industries (NYSE:ABM) in a research note to investors on Wednesday, September 4th. They now have a $26.00 price target on the stock.
Shares of ABM Industries (NYSE:ABM) traded down 0.06% during mid-day trading on Tuesday, hitting $25.655. The stock had a trading volume of 96,209 shares. ABM Industries has a 1-year low of $17.95 and a 1-year high of $26.70. The stock has a 50-day moving average of $25.57 and a 200-day moving average of $23.68. The company has a market cap of $1.410 billion and a price-to-earnings ratio of 18.79.
The company also recently declared a quarterly dividend, which is scheduled for Monday, November 4th. Shareholders of record on Thursday, October 3rd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Tuesday, October 1st.
ABM Industries Incorporated (NYSE:ABM) is a provider of integrated facility solutions.
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