Idt Corp (IDT): Eric F. Cosentino , director of Idt Corp sold 2,600 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $13.53 per share for a total value of $35,175.92 , 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 15, 2016, Eric F. Cosentino (director) sold 2,600 shares at $13.53 per share price.On Apr 12, 2016, Joyce J Mason (EVP and Corporate Secretary) sold 1,270 shares at $15.34 per share price.Also, On Mar 18, 2016, Mitch Silberman (CAO & Controller) sold 985 shares at $14.36 per share price.On Jun 16, 2015, Bill Pereira (director other) sold 10,000 shares at $19.06 per share price.
IDT Corporation: On Tuesday, Jun 14, 2016 heightened volatility was witnessed in IDT Corporation which led to swings in the share price. The shares opened for trading at $13.37 and hit $13.67 on the upside , eventually ending the session at $13.63, with a gain of 0.81% or 0.11 points. The heightened volatility saw the trading volume jump to 69,403 shares. The 52-week high of the share price is $16.136884 and the company has a market cap of $314 M . The 52-week low of the share price is at $9.001186.
IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company operates through segments including Telecom Platform Services Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings as well as wholesale international long distance traffic termination. The Company’s Consumer Phone Services segment provides consumer local and long distance services in certain states of the United States. The Telecom Platform Services and Consumer Phone Services segments consist of the Company’s IDT Telecom division. Its All Other segment includes Zedge Holdings Inc. (Zedge) which provides a content platform for mobile device personalization including ringtones wallpapers home screen icons and game recommendations. All Other segment also includes its real estate holdings and other smaller businesses.