Pcm, Inc. (PCMI) Files Form 4 Insider Selling : Thomas A Maloof Sells 2,500 Shares

Pcm, Inc. (PCMI): Thomas A Maloof , director of Pcm, Inc. sold 2,500 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $19.00 per share for a total value of $47,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 25, 2016, Thomas A Maloof (director) sold 1,000 shares at $18.90 per share price.On Aug 4, 2016, Ronald B Reck (director) sold 19,466 shares at $16.12 per share price.Also, On Aug 3, 2016, Brandon H Laverne (CFO) sold 30,000 shares at $17.19 per share price.On Mar 4, 2016, Robert I Newton (EVP, General Counsel) sold 5,500 shares at $8.32 per share price.

PCM Inc: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in PCM Inc which led to swings in the share price. The shares opened for trading at $18.4 and hit $19.23 on the upside , eventually ending the session at $19.2, with a gain of 4.80% or 0.88 points. The heightened volatility saw the trading volume jump to 1,54,946 shares. The 52-week high of the share price is $19.62 and the company has a market cap of $224 M . The 52-week low of the share price is at $7.48.

PCM Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.PCM Inc is Downgraded by ROTH Capital to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 25, 2016.PCM Inc is Initiated by ROTH Capital to Buy and the brokerage firm has set the Price Target at $16. The Rating was issued on Jul 21, 2016.

PCM Inc. is a technology solutions provider company. The Company provides technology products services and solutions through its sales force and field service teams direct marketing channels and a range of retail stores. The Company offers technology products and solutions as well as consumer electronics equipment and other consumer products. The Company had three operating segments such as Commercial Public Sector and MacMall. It sells primarily to customers in the United States and maintains offices throughout the United States and maintains offices throughout the United States as well as in Montreal Canada and Manila Philippines. It serves its customers by offering products and services from brands such as Apple Cisco Dell HP Ingram Micro Lenovo Microsoft and Tech Data.

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