ABM Industries CEO Henrik C. Slipsager Sells 22,331 Shares (ABM)
ABM Industries (NYSE:ABM) CEO Henrik C. Slipsager sold 22,331 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $25.45, for a total transaction of $568,323.95. Following the sale, the chief executive officer now directly owns 198,860 shares in the company, valued at approximately $5,060,987. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Imperial Capital cut their price target on shares of ABM Industries from $29.50 to $29.00 in a research note on Thursday, June 5th.
ABM Industries (NYSE:ABM) traded down 0.39% on Tuesday, hitting $25.38. The stock had a trading volume of 214,587 shares. ABM Industries has a one year low of $24.11 and a one year high of $29.50. The stock has a 50-day moving average of $25.79 and a 200-day moving average of $27.02. The company has a market cap of $1.421 billion and a P/E ratio of 21.09.
ABM Industries (NYSE:ABM) last announced its earnings results on Tuesday, June 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.07. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts predict that ABM Industries will post $1.61 earnings per share for the current fiscal year.
ABM Industries Incorporated (NYSE:ABM) is a provider of integrated facility solutions.
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