Professional Diversity Network, Inc. (IPDN) Files Form 4 Insider Buying : James R Kirsch Buys 5,000 Shares

Professional Diversity Network, Inc. (IPDN): James R Kirsch , Executive Chairman of Professional Diversity Network, Inc. purchased 5,000 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.53 per share for a total value of $2,650.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, James R Kirsch (Executive Chairman) purchased 10,000 shares at $0.53 per share price.On May 13, 2016, Matthew B. Proman (10% owner) sold 3,055,000 shares at $0.60 per share price.Also, On Sep 9, 2015, David Mecklenburger (CFO) purchased 1,500 shares at $0.75 per share price.On May 26, 2015, Star Jones (President) purchased 1,500 shares at $2.84 per share price.

Professional Diversity Network Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Professional Diversity Network Inc which led to swings in the share price. The shares opened for trading at $0.54 and hit $0.54 on the upside , eventually ending the session at $0.485, with a gain of 0.83% or 0.004 points. The heightened volatility saw the trading volume jump to 11,289 shares. The 52-week high of the share price is $3.0899 and the company has a market cap of $7,085 M . The 52-week low of the share price is at $0.1949.

Professional Diversity Network Inc Money Flow Index Chart

Professional Diversity Network Inc. operates online professional networking communities with career resources specifically tailored to the needs of different diverse cultural groups including women Hispanic-Americans African-Americans Asian-Americans disabled military professionals lesbians gay bisexual and transgender (LGBT) and students and graduates. The Company is both the operator of the Professional Diversity Network (PDN) and a holding company for NAPW Inc. a wholly owned subsidiary of the Company and the operator of the National Association of Professional Women (the NAPW Network or NAPW) as well as Noble Voice LLC and Compliant Lead LLC each of which is a wholly owned subsidiary of the Company and together provide career consultation services. It has three segments: PDN Network NAPW Network and Noble Voice operations.

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