Intermolecular Inc (IMI) Files Form 4 Insider Buying : Irwin Federman Buys 100,000 Shares

Intermolecular Inc (IMI): Irwin Federman , director of Intermolecular Inc purchased 100,000 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.90 per share for a total value of $190,430.00 , 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 2, 2016, Rick Neely (SVP & Chief Financial Officer) sold 940 shares at $2.18 per share price.On Feb 26, 2016, Irwin Federman (director) purchased 5,900 shares at $2.12 per share price.

Shares of Intermolecular Inc (IMI) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -1.60% at $1.85 with 63,487 shares getting traded. Post opening the session at $1.85, the shares hit an intraday low of $1.82 and an intraday high of $1.88 and the price vacillated in this range throughout the day. The company has a market cap of $92 M and the number of outstanding shares has been calculated to be 4,94,84,293 shares. The 52-week high of Intermolecular Inc is $2.92 and the 52-week low is $1.72.

Intermolecular Inc Money Flow Index Chart

Intermolecular Inc. provides thin film solutions. The Company’s high productivity combinatorial (HPC) platform which consists of its tempus processing tools its automated characterization methods and its Informatics analysis software is purpose-built for research and development (R&D) using combinatorial process systems. It develops technology and Internet protocol (IP) rights focused on materials processes integration and device architectures in collaboration with its customers. Its HPC platform consists of tempus HPC processing automated characterization and informatics and analysis software. The Company offers a series of wet processing tools and dry processing tools. Its informatics software includes workflow management software analysis and reporting software security and collaboration management software and integration services. It caters to semiconductor device semiconductor materials and equipment and clean energy market companies.

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