Today it was reported that the Senior Executive VP and CFO of Global Payments Inc (NYSE: GPN), Cameron Bready, exercised options to sell 57,737 GPN shares at $35.78 a share, for a total transaction value of $7.38M.
This is Bready’s first transaction since reporting a Sell transaction on ITC back in June 2014 In addition to Cameron Bready, 2 other GPN executives reported Sell trades in the last month.
GPN’s market cap is $20.29B and the company has a P/E ratio of 36.98. Currently, Global Payments Inc has an average volume of 420.3K.
Based on 19 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $132.00, reflecting a 2.7% upside.
The insider sentiment on Global Payments Inc has been negative according to 108 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Cameron Bready’s trades have generated a -5.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Global Payments, Inc. engages in the provision of payment technology services. It operates through the following segments: North America, Europe, and Asia-Pacific. The North America segment offers numerous services and solutions, including: restaurant, hospitality, retail, convenience stores and petroleum, professional services, automotive, and lodging.