Idt Corp (IDT) Files Form 4 Insider Selling : Joyce J Mason Sells 1,270 Shares

Idt Corp (IDT): Joyce J Mason , EVP and Corporate Secretary of Idt Corp sold 1,270 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $15.34 per share for a total value of $19,500.58.

Currently the company Insiders own 12.4% of IDT Corporation shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -24.7%.Institutional Investors own 55.87% of IDT Corporation shares.During last six month period, the net percent change held by insiders has seen a change of 144.12%.

Shares of IDT Corporation (IDT) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.65% at $15.34 with 63,393 shares getting traded. Post opening the session at $15.52, the shares hit an intraday low of $15.215 and an intraday high of $15.63 and the price vacillated in this range throughout the day. The company has a market cap of $352 M and the number of outstanding shares has been calculated to be 2,29,30,040 shares. The 52-week high of IDT Corporation is $19.99 and the 52-week low is $10.76.

IDT Corporation Money Flow Index Chart

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.

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