The CFO of Legg Mason (NYSE: LM) is Selling Shares

Today, the CFO of Legg Mason (LMResearch Report), Peter Nachtwey, sold shares of LM for $323.6K.

Following Peter Nachtwey’s last LM Sell transaction on January 26, 2016, the stock climbed by 9.1%.

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Currently, Legg Mason has an average volume of 640K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $35.00, reflecting a -1.4% downside.

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Legg Mason, Inc. is a global asset management company. It provides investment management and related services to institutional and individual clients, company sponsored mutual funds and other pooled investment vehicles through financial intermediaries.