Insider Selling: John M. Dionisio Sells 15,482 Shares of AECOM Technology Corp. Stock (ACM)
AECOM Technology Corp. (NYSE:ACM) CEO John M. Dionisio sold 15,482 shares of the stock on the open market in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $29.16, for a total value of $451,455.12. Following the completion of the transaction, the chief executive officer now directly owns 240,158 shares of the company’s stock, valued at approximately $7,003,007. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on ACM shares. Analysts at KeyCorp downgraded shares of AECOM Technology Corp. from a “buy” rating to a “hold” rating in a research note to investors on Thursday, January 16th. They now have a $32.50 price target on the stock. Separately, analysts at Zacks reiterated an “underperform” rating on shares of AECOM Technology Corp. in a research note to investors on Friday, December 27th. They now have a $27.00 price target on the stock. Finally, analysts at Zacks downgraded shares of AECOM Technology Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, November 29th. They now have a $27.70 price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $32.36.
AECOM Technology Corp. (NYSE:ACM) traded down 1.85% on Wednesday, hitting $28.10. The stock had a trading volume of 630,297 shares. AECOM Technology Corp. has a one year low of $27.35 and a one year high of $35.24. The stock’s 50-day moving average is $29.51 and its 200-day moving average is $30.40. The company has a market cap of $2.759 billion and a price-to-earnings ratio of 12.18.
AECOM Technology Corp. (NYSE:ACM) last announced its earnings results on Tuesday, February 4th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.22. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.00 billion. During the same quarter last year, the company posted $0.36 earnings per share. AECOM Technology Corp.’s revenue was down 3.1% compared to the same quarter last year. Analysts expect that AECOM Technology Corp. will post $2.48 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.