West Corp (WSTC): Thomas B Barker , CEO of West Corp purchased 25,000 shares on May 31, 2016. The Insider buying transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.09 per share for a total value of $527,250.00 , 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 17, 2015, Mary E West (10% owner) purchased 14,409 shares at $19.85 per share price.On Dec 17, 2015, Gary L West (10% owner) purchased 14,409 shares at $19.85 per share price.Also, On Dec 8, 2015, Rodney J. Kempkes (Chief Administrative Officer) sold 2,000 shares at $25.19 per share price.On Sep 1, 2015, Gregory T Sloma (director) purchased 4,000 shares at $24.07 per share price.
West Corp: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in West Corp which led to swings in the share price. The shares opened for trading at $21.19 and hit $21.84 on the upside , eventually ending the session at $21.75, with a gain of 3.08% or 0.65 points. The heightened volatility saw the trading volume jump to 1,73,407 shares. The 52-week high of the share price is $32.2 and the company has a market cap of $1,796 M . The 52-week low of the share price is at $17.26.
Company has been under the radar of several Street Analysts.West Corp is Downgraded by Morgan Stanley to Underweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Apr 7, 2016.
West Corporation (West) is a provider of technology-enabled communication services. The Company offers a range of communication and network infrastructure solutions that helps to manage or support communications. The Company operates in two segments: Unified Communications including conferencing and collaboration Internet protocol (IP) communications and interactive services and Communication Services including safety services telecom services and specialized agent services. Its solutions include unified communications services safety services interactive services such as automated notifications telecom services and agent services. The Company offers its services to small and medium enterprises in a variety of industries including telecommunications retail financial services safety education technology and healthcare. The Company’s operates in the United States Canada Europe the Middle East Asia-Pacific Latin America and South America.