Insider Selling: John M. Dionisio Sells 20,000 Shares of AECOM Technology Corp Stock (ACM)
AECOM Technology Corp (NYSE:ACM) Chairman John M. Dionisio unloaded 20,000 shares of AECOM Technology Corp stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $32.44, for a total value of $648,800.00. Following the completion of the transaction, the chairman now directly owns 135,740 shares in the company, valued at approximately $4,403,406. The transaction was disclosed in a document filed with the SEC, which is available at this link.
AECOM Technology Corp (NYSE:ACM) traded up 1.59% on Thursday, hitting $33.22. The stock had a trading volume of 292,710 shares. AECOM Technology Corp has a 52 week low of $27.35 and a 52 week high of $35.24. The stock has a 50-day moving average of $32.18 and a 200-day moving average of $31.23. The company has a market cap of $3.297 billion and a price-to-earnings ratio of 13.21.
AECOM Technology Corp (NYSE:ACM) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.06. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 million. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s revenue for the quarter was down 5.9% on a year-over-year basis. On average, analysts predict that AECOM Technology Corp will post $2.50 earnings per share for the current fiscal year.
A number of research firms have recently commented on ACM. Analysts at Zacks reiterated a “neutral” rating on shares of AECOM Technology Corp in a research note on Wednesday, May 28th. They now have a $34.00 price target on the stock. Separately, analysts at Robert W. Baird reiterated a “neutral” rating on shares of AECOM Technology Corp in a research note on Thursday, May 22nd. They now have a $35.00 price target on the stock, down previously from $36.00. Finally, analysts at Citigroup Inc. reiterated an “equal weight” rating on shares of AECOM Technology Corp in a research note on Wednesday, May 7th. They now have a $35.00 price target on the stock, up previously from $32.00. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. AECOM Technology Corp currently has an average rating of “Hold” and a consensus price target of $33.93.
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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