Vantiv Inc. (NYSE:VNTV) CEO Charles Drucker sold 4,635 shares of the business’s stock in a transaction on Monday, October 10th. The stock was sold at an average price of $57.03, for a total transaction of $264,334.05. Following the completion of the sale, the chief executive officer now owns 507,797 shares in the company, valued at approximately $28,959,662.91. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Charles Drucker also recently made the following trade(s):

  • On Thursday, October 6th, Charles Drucker sold 42,683 shares of Vantiv stock. The stock was sold at an average price of $57.06, for a total transaction of $2,435,491.98.
  • On Thursday, September 29th, Charles Drucker sold 3,800 shares of Vantiv stock. The shares were sold at an average price of $57.00, for a total transaction of $216,600.00.

Shares of Vantiv Inc. (NYSE:VNTV) opened at 56.23 on Thursday. Vantiv Inc. has a 12 month low of $42.01 and a 12 month high of $59.62. The stock has a 50 day moving average of $54.79 and a 200 day moving average of $54.86. The stock has a market cap of $8.75 billion, a PE ratio of 46.66 and a beta of 0.59.

Vantiv (NYSE:VNTV) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. Vantiv had a net margin of 5.67% and a return on equity of 36.56%. The business earned $891 million during the quarter, compared to analysts’ expectations of $465.66 million. During the same period last year, the business earned $0.56 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, equities analysts anticipate that Vantiv Inc. will post $2.66 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Vantiv (NYSE:VNTV)

Several analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Vantiv from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a research report on Thursday, October 6th. Pacific Crest set a $62.00 target price on shares of Vantiv and gave the company a “buy” rating in a research report on Thursday, September 15th. Jefferies Group restated a “buy” rating and set a $65.00 target price on shares of Vantiv in a research report on Tuesday, September 13th. Wedbush assumed coverage on shares of Vantiv in a research report on Thursday, September 8th. They set a “neutral” rating and a $60.00 target price on the stock. Finally, Susquehanna upgraded shares of Vantiv from a “negative” rating to a “neutral” rating and upped their target price for the company from $30.00 to $36.00 in a research report on Thursday, August 25th. Ten investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $56.93.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Aperio Group LLC boosted its position in shares of Vantiv by 47.7% in the first quarter. Aperio Group LLC now owns 14,746 shares of the company’s stock worth $795,000 after buying an additional 4,762 shares during the period. Teachers Advisors Inc. boosted its position in shares of Vantiv by 6.2% in the first quarter. Teachers Advisors Inc. now owns 533,829 shares of the company’s stock worth $28,763,000 after buying an additional 31,249 shares during the period. Prudential Financial Inc. boosted its position in shares of Vantiv by 1.2% in the first quarter. Prudential Financial Inc. now owns 54,850 shares of the company’s stock worth $2,955,000 after buying an additional 630 shares during the period. Franklin Resources Inc. boosted its position in shares of Vantiv by 9.3% in the first quarter. Franklin Resources Inc. now owns 1,083,380 shares of the company’s stock worth $58,373,000 after buying an additional 92,300 shares during the period. Finally, BlackRock Inc. boosted its position in shares of Vantiv by 17.6% in the first quarter. BlackRock Inc. now owns 152,281 shares of the company’s stock worth $8,205,000 after buying an additional 22,782 shares during the period. Hedge funds and other institutional investors own 80.57% of the company’s stock.

About Vantiv

Vantiv, Inc (Vantiv) is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company is a payment processor, merchant acquirer and personal identification number (PIN) debit acquirer. The Company operates through two segments: Merchant Services and Financial Institution Services.

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