Barclays Maintains BATS Global Markets to Equal-weight with Price Target $25.00

Brokerage firm Barclays Maintains its rating on BATS Global Markets(BATS:BATS). In a research note issued to the investors, the brokerage major Raises the price-target to $25.00 per share. The shares have been rated Equal-weight. The rating by Barclays was issued on Aug 5, 2016.

BATS Global Markets(BATS) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $109.90M. Analysts had an estimated revenue of $104.52M. Earnings per share were $0.35. Analysts had estimated an EPS of $0.31.

Several Insider Transactions has been reported to the SEC. On Jun 30, 2016, Securities Excha International (10% owner) sold 8,993,977 shares at $25.27 per share price.Also, On Apr 21, 2016, Michael L Richter (director) sold 181,535 shares at $19.00 per share price.On Apr 20, 2016, Robert Wood Jones (director) purchased 25,000 shares at $19.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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