Telenav, Inc. (TNAV) Files Form 4 Insider Buying : Ken Xie Buys 100 Shares

Telenav, Inc. (TNAV): Ken Xie , director of Telenav, Inc. purchased 100 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.00 per share for a total value of $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 8, 2016, Rohan Chandran (VP, Mobile) sold 7,405 shares at $6.12 per share price.On Feb 25, 2016, Loren E Hillberg (General Counsel) sold 4,803 shares at $5.75 per share price.Also, On Sep 28, 2015, Salman Dhanani (Co-Pres. Automotive Bus Unit) sold 5,000 shares at $8.00 per share price.On Aug 18, 2015, Michael Strambi (CFO) sold 7,803 shares at $7.27 per share price.

Telenav Inc (TNAV) witnessed a volatile trading activity on Tuesday Jun 7, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.09 and reached the intraday high at $5.09. The bulls started the profit booking and pushed the shares to intraday low of $5. The trading session was marked by a volume range of 88,931 shares exchanging hands. The 52-week high of the shares is $9 and the 52-week low is $4.47. The market cap of the company stands at $215 M and there are 4,25,51,408 shares in public circulation.

Telenav Inc Money Flow Index Chart

TeleNav Inc. provides of location-based platform services consisting of map and navigation platform and advertising delivery platform. The Company’s map and navigation platform delivers location based services to developers auto manufacturers and end users. The Company’s uses map and navigation platform as the basis for delivering enhanced mobile applications. The Company offers its map and navigation platform services to auto manufacturers and original equipment manufacturers for distribution with their vehicles. The Company’s advertising delivery platform delivers targeted advertising services leveraging its location expertise. The advertising delivery platform offers advertisers significant audience reach sophisticated targeting capabilities and the ability to deliver interactive and engaging ad experiences to consumers on their mobile devices. The Company provides services in Automotive Navigation Advertising Network Services and Mobile Navigation Services.

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