Insider Selling: Royal Cole Sells 10,000 Shares of Vantiv Stock (VNTV)
Vantiv (NYSE:VNTV) Insider Royal Cole sold 10,000 shares of Vantiv stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $32.25, for a total value of $322,500.00. Following the transaction, the insider now directly owns 187,457 shares of the company’s stock, valued at approximately $6,045,488. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Vantiv (NYSE:VNTV) traded down 0.25% during mid-day trading on Monday, hitting $32.10. 781,602 shares of the company’s stock traded hands. Vantiv has a 52 week low of $19.55 and a 52 week high of $32.88. The stock’s 50-day moving average is $30.53 and its 200-day moving average is $28.09. The company has a market cap of $4.560 billion and a P/E ratio of 38.63.
Vantiv (NYSE:VNTV) last released its earnings data on Thursday, October 24th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.01. The company had revenue of $294.20 million for the quarter, compared to the consensus estimate of $299.56 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. Analysts expect that Vantiv will post $1.55 EPS for the current fiscal year.
A number of research firms have recently commented on VNTV. Analysts at Barclays raised their price target on shares of Vantiv from $30.00 to $32.00 in a research note to investors on Tuesday, November 26th. Separately, analysts at Credit Suisse upgraded shares of Vantiv to a “focus list” rating in a research note to investors on Monday, October 28th. Finally, analysts at SunTrust cut their price target on shares of Vantiv from $30.00 to $24.00 in a research note to investors on Friday, October 25th. One analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $31.41.
Vantiv, Inc, formerly Advent-Kong Blocker Corp. is a holding company that conducts its operations through its majority-owned subsidiaries, Vantiv Holding, LLC (NYSE:VNTV) and Transactive Ecommerce Solutions Inc (Transactive).
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