Insider Selling: Vantiv Insider Sells 12,494 Shares of Stock (VNTV)
Vantiv (NYSE:VNTV) Insider Nelson F. Greene sold 12,494 shares of the stock on the open market in a transaction dated Monday, January 27th. The shares were sold at an average price of $30.73, for a total transaction of $383,940.62. Following the completion of the transaction, the insider now directly owns 113,624 shares of the company’s stock, valued at approximately $3,491,666. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Vantiv (NYSE:VNTV) traded up 2.14% on Tuesday, hitting $31.47. 1,138,339 shares of the company’s stock traded hands. Vantiv has a 1-year low of $20.54 and a 1-year high of $34.42. The stock’s 50-day moving average is $31.46 and its 200-day moving average is $28.66. The company has a market cap of $4.470 billion and a price-to-earnings ratio of 36.99.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Vantiv from $32.00 to $36.00 in a research note to investors on Tuesday, January 21st. They now have an “equal weight” rating on the stock. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $31.70.
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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