Id Systems Inc (IDSY) Files Form 4 Insider Buying : Lloyd I Iii Miller Buys 1,300 Shares

Id Systems Inc (IDSY): Lloyd I Iii Miller , 10% owner of Id Systems Inc purchased 1,300 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.00 per share for a total value of $6,504.94 , 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, Lloyd I Iii Miller (10% owner) purchased 100 shares at $6.00 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 (IDSY) witnessed a volatile trading activity on Friday Jun 10, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.03 and reached the intraday high at $5.04. 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 24,005 shares exchanging hands. The 52-week high of the shares is $7.13 and the 52-week low is $3.01. The market cap of the company stands at $70 M and there are 1,38,18,094 shares in public circulation.

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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