AECOM Technology Corp. COO Unloads $246,400 in Stock (ACM)
AECOM Technology Corp. (NYSE:ACM) COO Jane Chmielinski sold 8,000 shares of the stock on the open market in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $30.80, for a total value of $246,400.00. Following the sale, the chief operating officer now directly owns 7,089 shares in the company, valued at approximately $218,341. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
ACM has been the subject of a number of recent research reports. Analysts at TheStreet downgraded shares of AECOM Technology Corp. (NYSE:ACM) from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, August 14th. Separately, analysts at Barclays Capital raised their price target on shares of AECOM Technology Corp. (NYSE:ACM) from $28.00 to $30.00 in a research note to investors on Thursday, August 8th. Finally, analysts at UBS AG cut their price target on shares of AECOM Technology Corp. (NYSE:ACM) to $33.00 in a research note to investors on Wednesday, August 7th.
Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $31.25.
Shares of AECOM Technology Corp. (NYSE:ACM) traded up 0.16% during mid-day trading on Wednesday, hitting $31.35. 476,651 shares of the company’s stock traded hands. AECOM Technology Corp. has a 52-week low of $18.68 and a 52-week high of $35.24. The stock has a 50-day moving average of $29.92 and a 200-day moving average of $30.91. The company’s market cap is $3.160 billion.
AECOM Technology Corp. (NYSE:ACM) last released its earnings data on Tuesday, August 6th. The company reported $0.70 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.64 by $0.06. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter last year, the company posted $0.63 earnings per share. AECOM Technology Corp.’s revenue was down 1.3% compared to the same quarter last year. Analysts expect that AECOM Technology Corp. will post $2.37 EPS for the current fiscal year.
AECOM Technology Corporation (NYSE:ACM) is a provider of professional technical and management support services for commercial and government clients around the world.
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