Id Systems Inc (IDSY) Files Form 4 Insider Buying : Lloyd I Iii Miller Buys 2,700 Shares

Id Systems Inc (IDSY): Lloyd I Iii Miller , 10% owner of Id Systems Inc purchased 2,700 shares on Jun 6, 2016. The Insider buying transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.00 per share for a total value of $13,500.00 , 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 10, 2016, Lloyd I Iii Miller (10% owner) purchased 100,000 shares at $4.25 per share price.On Aug 27, 2015, Kenneth S Ehrman (CEO) purchased 5,100 shares at $3.90 per share price.Also, On Aug 24, 2015, Norman Ellis (COO) purchased 5,000 shares at $3.91 per share price.On Jun 15, 2015, Ned Mavrommatis (Chief Financial Officer) sold 40,000 shares at $6.72 per share price.

I.D. Systems: On Friday, Jun 3, 2016 heightened volatility was witnessed in I.D. Systems which led to swings in the share price. The shares opened for trading at $4.96 and hit $4.99 on the upside , eventually ending the session at $4.99, with a gain of 1.22% or 0.06 points. The heightened volatility saw the trading volume jump to 16,470 shares. The 52-week high of the share price is $7.13 and the company has a market cap of $69 M . The 52-week low of the share price is at $3.01.

I.D. Systems Money Flow Index Chart

I.D. Systems Inc. (I.D. Systems) develops markets and sells wireless machine-to-machine (M2M) solutions for managing and securing enterprise assets which include industrial vehicles and transportation assets. The Company’s systems utilize radio frequency identification (RFID) Wi-Fi satellite or cellular communications and sensor technology and software to address the needs of organizations to control track monitor and analyze their assets. The Company focused its business activities on three primary applications: industrial fleet management transportation asset management and rental fleet management. The Company markets and sells its wireless solutions to a range of customers in the commercial and government sectors. Its customers operate in markets such as automotive manufacturing retail shipping freight transportation heavy industry wholesale distribution aerospace and defense homeland security and vehicle rental.

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