Global Payments Inc (NYSE:GPN), saw 3 insiders lower their positions with the company through a series of transactions officially filed today. President of the International department Morgan M. Schussler sold a total of 2,621 shares, through two separate filings, with prices ranging from $70.65 to $71.73 per share; Executive Vice President and Chief Information Officer Francesco Guido Sacchi disposed of 955 shares of common stock at an average price of $70.65 per share; while Chief Executive Officer Steven Jeffrey Sloan dumped 2,269 shares in the company, also at an average price of $70.65 per share.
Following these transactions, Schussler now has 46,874 shares directly involved with the company; Sacchi directly has 15,799 shares; and Sloan directly has 78,129 shares invested in the corporation.
Global Payments Inc (NYSE:GPN), a $4.97 billion market cap company, is a provider of electronic payments transaction processing services for consumers, merchants, independent sales organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the world.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.