Active Power Inc (ACPW): Steven Sams , director of Active Power Inc purchased 20,200 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.51 per share for a total value of $10,282.00 , 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 18, 2016, Steven Sams (director) purchased 20,000 shares at $0.49 per share price.On May 6, 2016, James E. Iii Devenny, (director) purchased 20,000 shares at $0.58 per share price.Also, On Mar 15, 2016, Daryl Dulaney (director) purchased 40,000 shares at $1.03 per share price.On Jun 15, 2015, Robert S Greenberg (director) purchased 5,000 shares at $2.07 per share price.
Shares of Active Power (ACPW) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.006 points or -1.11% at $0.534 with 43,572 shares getting traded. Post opening the session at $0.53, the shares hit an intraday low of $0.4901 and an intraday high of $0.5399 and the price vacillated in this range throughout the day. The company has a market cap of $12,341 M and the number of outstanding shares has been calculated to be 23,11,00,00,000 shares. The 52-week high of Active Power is $2.21 and the 52-week low is $0.435.
Active Power Inc. designs manufactures sells and services flywheel-based uninterruptible power supply (UPS) products that use kinetic energy to provide short-term power as a cleaner alternative to electro-chemical battery-based energy storage. The Company also designs manufactures sells and services modular infrastructure solutions (MIS) that integrate critical power components into a pre-packaged purpose built enclosure. Its UPS products and solutions are designed to deliver continuous conditioned power during short-term power disturbances and outages such as voltage sags and surges and to provide ride-through power in the event of a utility failure supporting operations until utility power is restored or a longer term alternative power source such as a diesel generator is started. Its flywheel-based UPS products are sold under the brand name CleanSource UPS.