Sysorex Global (SYRX): Bret Osborn , Chief Sales Officer of Sysorex Global purchased 50,000 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.43 per share for a total value of $21,870.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Kevin Roy Harris (CFO) purchased 5,000 shares at $0.59 per share price.On Dec 7, 2015, Craig Allen Harper (Chief Technology Officer) purchased 6,000 shares at $0.72 per share price.Also, On Nov 18, 2015, Nadir Ali (CEO) purchased 21,500 shares at $0.65 per share price.
Shares of Sysorex Global (SYRX) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.0545 points or -11.53% at $0.418 with 85,408 shares getting traded. Post opening the session at $0.484, the shares hit an intraday low of $0.4 and an intraday high of $0.484 and the price vacillated in this range throughout the day. The company has a market cap of $10,498 M and the number of outstanding shares has been calculated to be 25,11,60,00,000 shares. The 52-week high of Sysorex Global is $2.1 and the 52-week low is $0.2696.
Company has been under the radar of several Street Analysts.Sysorex Global is Reiterated by Dougherty & Company to Buy while Lowering the Price Target of the company shares to $ 1.20 from a previous price target of $2 . The Rating was issued on Mar 11, 2016.
Sysorex Global formerly Sysorex Global Holdings Corp. provides data analytics and location-based solutions and services to commercial and government customers across the world. The Company operates in four segments: IT Commercial IT Government eSolutions and Location-based Technology. The Company has developed a kind of discovery platform that blends data from software and network systems with mobile and Internet-connected things. Its analytics products provide vertical solutions from extract transfer and load (ETL) to business intelligence (BI) to the final visualization of the data. These solutions are available on-premise or in the cloud. The Company’s customers include federal and international government agencies enterprise customers in retail manufacturing life sciences bio-tech high-tech agriculture financial services state and local government utilities media and entertainment and telecom among others.