Insider Trading Watch List: Aramark

Aramark (NYSE:ARMK) insider has recently participated in insider trading activity. Director, MEHRA SANJEEV K bought 328shares for $10,572 via one transaction Feb 04. Following the transaction, the insider now owns 1,436,590 shares in total, priced at $43528677 as of Friday. Another notable insider trading was done by the same insider on Feb 04. MEHRA SANJEEV K Sold 328 shares at an average price of $32.23 for a total of $10,572. Moreover, MCKEE LYNN carried out a sale of 60,000 shares at $32.33 each on Dec 18. The transaction amounted to $1,939,998. EVP, Human Resources MCKEE LYNN sold 15,000 shares for $486,935 through one transaction Dec 17. Following this sale, this insider’s stake in the company comprises 355,199 shares, priced at $10762529.7 as of Friday.

The stock has experienced a total of 53 insider trades in the past three months. These trades include 19 sell activities and 34 buy trades. Furthermore, over the past 12 months, the stock was traded 158 times by insiders. In 59 of these trades, the insider was a seller while an employee of the company was the buyer in just 99 instances.

Aramark (ARMK) On February 10, 2016 announced that it reported first quarter fiscal results.

KEY HIGHLIGHTS

• GAAP sales of $3.7 billion, up 3% on an organic basis;


• Adjusted operating income of $262 million, an increase of 7%1. GAAP operating income of $214 million;


• Adjusted earnings per share of $0.50, an increase of 9%1. GAAP EPS of $0.38;


• Adjusted operating income margin increased to 7.1%, a 30 basis point improvement1. GAAP operating income margin of 5.8%.


• Full year adjusted EPS expectations unchanged, $1.65 to $1.75.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. The company’s managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, the company offers on-site restaurants, catering, convenience stores, and executive dining services; coffee and vending services; and facility management services comprising housekeeping, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning, and other facility consulting services. Further, it provides facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities.