Mentor Graphics Corp (MENT) Files Form 4 Insider Selling : Keith Barnes Sells 2,982 Shares

Mentor Graphics Corp (MENT): Keith Barnes , director of Mentor Graphics Corp sold 2,982 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were sold at $21.79 per share for a total value of $64,977.78 , 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 1, 2016, Gregory K Hinckley (President) sold 32,396 shares at $21.37 per share price.On Feb 19, 2016, Carl C Icahn (other) sold 8,060,145 shares at $18.12 per share price.Also, On Jan 8, 2016, Patrick Mcmanus (director) purchased 2,000 shares at $17.13 per share price.On Dec 10, 2015, Dean Freed (Vice President) purchased 4,000 shares at $17.47 per share price.

Mentor Graphics Corp: On Monday, Jun 20, 2016 heightened volatility was witnessed in Mentor Graphics Corp which led to swings in the share price. The shares opened for trading at $21.79 and hit $21.91 on the upside , eventually ending the session at $21.7, with a gain of 0.56% or 0.12 points. The heightened volatility saw the trading volume jump to 10,09,001 shares. The 52-week high of the share price is $28.09 and the company has a market cap of $2,322 M . The 52-week low of the share price is at $16.1.

Mentor Graphics Corp Money Flow Index Chart

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design analysis and testing of complex electro-mechanical systems electronic hardware and embedded systems software in electronic systems and components. The Company’s products are used in the design and development of a diverse set of electronic products including automotive electronics computers and workstations digital cameras cellular telephones medical devices smart phones industrial electronics and manufacturing systems. The Company segregated revenues into five categories of similar products and services: Scalable Verification IC Design to Silicon Integrated System Design New and Emerging Products and Services and Other.

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