Skullcandy, Inc. (SKUL) Files Form 4 Insider Selling : Rick Alden Sells 25,000 Shares

Skullcandy, Inc. (SKUL): Rick Alden , director of Skullcandy, Inc. sold 25,000 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $4.55 per share for a total value of $113,750.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Llc Ptarmagin, (10% owner) sold 37,500 shares at $4.40 per share price.On May 11, 2016, Rick Alden (director) sold 25,000 shares at $3.72 per share price.Also, On Nov 12, 2015, S Hoby Darling (CEO) purchased 5,000 shares at $4.34 per share price.On Nov 12, 2015, Patrick D Grosso (CHIEF LEGAL OFFICER) purchased 3,230 shares at $4.68 per share price.

Shares of Skullcandy Inc (SKUL) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -1.37% at $4.33 with 2,11,076 shares getting traded. Post opening the session at $4.33, the shares hit an intraday low of $4.26 and an intraday high of $4.5 and the price vacillated in this range throughout the day. The company has a market cap of $124 M and the number of outstanding shares has been calculated to be 2,86,27,192 shares. The 52-week high of Skullcandy Inc is $8.27 and the 52-week low is $2.75.

Skullcandy Inc Money Flow Index Chart

Skullcandy Inc. is a designer marketer and distributer of audio and gaming headphones earbuds speakers and other accessories under the Skullcandy Astro Gaming and 2XL brands. The Company’s products are sold and distributed through a variety of channels in the United States and approximately 80 countries across the world. The Company offers an array of styles and price points and includes audio products and categories such as gaming and sports performance women’s and Wireless offerings as well as partnerships with manufacturers to license its brand. The Company operates in two segments: Domestic and International. The Domestic segment consists of Skullcandy and Astro Gaming product sales to customers in the United States. International segment includes Skullcandy product sales to customers in Europe Asia Canada and Mexico which are served through the Company’s joint venture and other geographic areas outside the United States served by its International operations.

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