Autobytel Inc (ABTL) Files Form 4 Insider Buying : Kimberly Boren Buys 500 Shares

Autobytel Inc (ABTL): Kimberly Boren , CFO of Autobytel Inc purchased 500 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.04 per share for a total value of $7,019.45 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Wesley Ozima (VP AND CONTROLLER) sold 1,500 shares at $19.88 per share price.On Nov 20, 2015, Financial S.a. Idc (10% owner) sold 5,000 shares at $20.32 per share price.Also, On Nov 20, 2015, Pieters Juan Christian Klose (10% owner) purchased 5,000 shares at $20.10 per share price.On Nov 20, 2015, & Development Finan Investment (10% owner) sold 50,000 shares at $20.08 per share price.

Autobytel: On Tuesday, May 10, 2016 heightened volatility was witnessed in Autobytel which led to swings in the share price. The shares opened for trading at $13.85 and hit $13.88 on the upside , eventually ending the session at $13.83, with a gain of 0.58% or 0.08 points. The heightened volatility saw the trading volume jump to 1,44,248 shares. The 52-week high of the share price is $25 and the company has a market cap of $148 M . The 52-week low of the share price is at $12.1501.

Autobytel Money Flow Index Chart

Company has been under the radar of several Street Analysts.Autobytel is Reiterated by Ascendiant Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 29 from a previous price target of $28 .The Rating was issued on Mar 11, 2016.

Autobytel Inc. is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell vehicles to consumers through the programs for online lead referrals dealer marketing products and services and online advertising programs and mobile products. Its consumer-facing automotive Websites which include its flagship Website provide consumers with information and tools to aid them with the automotive purchase decisions and the ability to submit inquiries requesting dealers to contact the consumers regarding purchasing or leasing vehicles. Its Websites provide these consumers the ability to submit inquiries requesting dealers or other lenders that may offer vehicle financing to these consumers to contact the consumers regarding vehicle financing. Its other offerings include iControl by Autobytel WebLeads+ Email Manager and Lead Call Payment Pro mobile products and services and SaleMove products and services.

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