Insider Selling: Sheldon I. Cammaker Sells 5,000 Shares of Emcor Group Stock (EME)

Share on StockTwits

Emcor Group (NYSE:EME) EVP Sheldon I. Cammaker unloaded 5,000 shares of Emcor Group stock on the open market in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $46.97, for a total transaction of $234,850.00. Following the completion of the sale, the executive vice president now directly owns 85,830 shares in the company, valued at approximately $4,031,435. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of research firms have recently commented on EME. Analysts at Stifel Nicolaus raised their price target on shares of Emcor Group from $44.50 to $51.00 in a research note on Wednesday, February 26th. They now have a “buy” rating on the stock. Separately, analysts at Davidson raised their price target on shares of Emcor Group from $48.00 to $52.00 in a research note on Wednesday, February 26th. Finally, analysts at Zacks upgraded shares of Emcor Group from an “underperform” rating to a “neutral” rating in a research note on Friday, February 7th. They now have a $42.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Emcor Group currently has a consensus rating of “Hold” and an average target price of $46.60.

Shares of Emcor Group (NYSE:EME) traded up 0.74% during mid-day trading on Friday, hitting $47.55. 541,814 shares of the company’s stock traded hands. Emcor Group has a 1-year low of $35.58 and a 1-year high of $47.27. The stock’s 50-day moving average is $43.87 and its 200-day moving average is $40.84. The company has a market cap of $3.182 billion and a price-to-earnings ratio of 25.93.

Emcor Group (NYSE:EME) last released its earnings data on Tuesday, February 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.71 billion. On average, analysts predict that Emcor Group will post $2.56 earnings per share for the current fiscal year.

EMCOR Group, Inc (NYSE:EME) is an electrical and mechanical construction and facilities services firm in the United States, the United Kingdom and globally.

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.

Latest News

Insider Selling: Jerry M. Kennelly Unloads 108,334 Shares of Riverbed Technology Stock
Insider Selling: Jerry M. Kennelly Unloads 108,334 Shares of Riverbed Technology Stock
World Wrestling Entertainment Insider Sells $72,500 in Stock
World Wrestling Entertainment Insider Sells $72,500 in Stock
Insider Selling: Mastercard Insider Sells 32,290 Shares of Stock
Insider Selling: Mastercard Insider Sells 32,290 Shares of Stock
Insider Selling: Fresh Del Monte Produce COO Sells 20,070 Shares of Stock
Insider Selling: Fresh Del Monte Produce COO Sells 20,070 Shares of Stock
Insider Selling: Kevin J. Caponecchi Unloads 55,480 Shares of Euronet Worldwide Stock
Insider Selling: Kevin J. Caponecchi Unloads 55,480 Shares of Euronet Worldwide Stock
Express Scripts Holding Company Director Seymour Sternberg Sells 15,508 Shares
Express Scripts Holding Company Director Seymour Sternberg Sells 15,508 Shares


Leave a Reply

 
© 2006-2014 Mideast Time.