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Emcor Shares Dip in CEO Share Sales

By Market News Video Staff, Monday, November 8, 10:46 AM ET

Emcor Group (NYSE:EME) shares are falling today after the company said its CEO is going to exercise 100,000 options and sell an additional 160,000 shares.

The company said the move is part of CEO Frank MacInnis’ long-term strategy to diversify his investments, however the stock is down 1.3% today.

Emcor is a 2.95% holding of the Dynamic Building & Construction Portfolio (AMEX:PKB), in the company of top holding Fluor (NYSE:FLR) at 5.43% of the portfolio, and Jacobs Engineering Group (NYSE:JEC), at 5.35% of the fund.

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This Article's Word Cloud:   AMEX   Building   Construction   Dynamic   Emcor   Engineering   Fluor   Frank   Group   Jacobs   MacInnis   NYSE   Portfolio   additional   after   company   diversify   down   exercise   falling   fund   going   holding   however   investments   long   move   options   part   portfolio   said   sell   shares   stock   strategy   term   today
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