From Marketbeat:



ABM Industries Incorporated’s COO Rene Jacobsen recently sold over 6,000 shares of company stock. The stock was traded at a price of $45.55, bringing in over $288,000. This follows a previous sale of 6,341 shares in October. Despite the sales, ABM stock has only seen a 0.2% decrease in value. The company recently announced increased quarterly dividends, and institutional investors have been modifying their holdings of ABM. However, the company’s stock price has been the subject of recent analyst reports, with a “Hold” rating and an average target price of $45.20.

ABM Industries provides integrated facility, infrastructure, and mobility solutions and operates in several segments, including Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions. Despite the recent sales of stock by company executives, analysts remain cautiously optimistic about the company.

To find up-and-coming stock tips, readers are encouraged to view the top-rated stocks recommended by Wall Street analysts. Furthermore, a guide to pot stock investing is also available to interested individuals.



Read more: ABM Industries Incorporated (NYSE:ABM) COO Rene Jacobsen Sells 6,341 Shares