Orion Energy Systems, Inc. (OESX) Files Form 4 Insider Buying : John H Scribante Buys 7,000 Shares

Orion Energy Systems, Inc. (OESX): John H Scribante , Chief Executive Officer of Orion Energy Systems, Inc. purchased 7,000 shares on Jun 9, 2016. The Insider buying transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.37 per share for a total value of $9,481.19 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, Anthony L. Otten (director) purchased 1,000 shares at $1.35 per share price.On Jun 8, 2016, William T Hull (CFO) purchased 57,065 shares at $1.38 per share price.Also, On Jun 8, 2016, Marc Meade (Executive Vice President) purchased 3,500 shares at $1.43 per share price.On Feb 12, 2016, John H Scribante (CEO) purchased 10,000 shares at $1.33 per share price.

Shares of Orion Energy Systems (OESX) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -5.59% at $1.35 with 66,259 shares getting traded. Post opening the session at $1.41, the shares hit an intraday low of $1.33 and an intraday high of $1.42 and the price vacillated in this range throughout the day. The company has a market cap of $37 M and the number of outstanding shares has been calculated to be 2,77,54,478 shares. The 52-week high of Orion Energy Systems is $3.11 and the 52-week low is $1.1822.

Orion Energy Systems Money Flow Index Chart

Orion Energy Systems Inc. is a designer and manufacturer of energy efficient lighting platforms. The Company researches develops designs manufactures markets and implements energy management systems consisting of energy efficient commercial and industrial interior and exterior lighting systems and related services. The Company operates in three segments: U.S. Markets Engineered Systems and Distribution Services. The U.S. Markets division focuses on selling lighting solutions into the wholesale markets including domestic energy service companies (ESCOs) and electrical contractors. The Orion Engineered Systems focuses on selling lighting products and construction and engineering services direct to end users. Its products include The LED Door Retrofit (LDR) Interior LED High Bay Fixtures Exterior LED Fixtures The Compact Modular InteLite Dynamic Control Device Apollo Solar Light Pipe and others products. Its customers are national accounts Government municipal and schools.

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