The Executive Chairman and Co-CEO of Vantiv Inc (NYSE: VNTV) is Buying Shares

By Carrie Williams

Today, the Executive Chairman and Co-CEO of Vantiv Inc (NYSE: VNTV), Charles Drucker, bought shares of VNTV for $156.

Following Charles Drucker’s last VNTV Buy transaction on March 29, 2012, the stock climbed by 57.6%.

Based on Vantiv Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.03 billion and quarterly net profit of $92.12 million. In comparison, last year the company earned revenue of $955 million and had a net profit of $47.85 million. The company has a one-year high of $78.25 and a one-year low of $59.10. VNTV’s market cap is $12.61B and the company has a P/E ratio of 53.52.

32 different firms, including Atlantic Equities and Barclays, currently also have a Buy rating on the stock. Based on 18 analyst ratings, the analyst consensus is Strong Buy with an average price target of $85.6, reflecting a -9.3% downside.

Charles Drucker’s trades have generated a -8.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Vantiv, Inc. is a payment processor company. The firm offers a suite of payment processing services that enables its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point of sale, ecommerce and mobile devices.