Itus Corp (ITUS): Bruce F Johnson , director of Itus Corp purchased 200 shares on Apr 7, 2016. The Insider buying transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.82 per share for a total value of $564.00.
Currently the company Insiders own 25.2% of ITUS Corp shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 0.55%.Institutional Investors own 1.75% of ITUS Corp shares.During last six month period, the net percent change held by insiders has seen a change of 0.49%.
Shares of ITUS Corp (ITUS) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.0899 points or -3.32% at $2.62 with 2,426 shares getting traded. Post opening the session at $2.7115, the shares hit an intraday low of $2.52 and an intraday high of $2.7115 and the price vacillated in this range throughout the day. The company has a market cap of $23 M and the number of outstanding shares has been calculated to be 87,30,878 shares. The 52-week high of ITUS Corp is $8.95 and the 52-week low is $1.75.
ITUS Corporation formerly CopyTele Inc. is engaged in development acquisition licensing and enforcement of patented technologies that are either owned or controlled by the Company or one of its wholly owned subsidiaries. As on December 29 2014 the Company owns and controls eight patent portfolios including Encrypted Cellular Communication Internet Telephonic Gateway J-Channel Window Frame Construction Key Based Web Conferencing Encryption Micro Electro Mechanical Systems Display Nano Field Emission Display VPN Multicast Communications and Enhanced Auction Technologies. The Company monetizes its patented technologies and settles patent infringement lawsuits. The Company’s business model is Patent Monetization and Patent Assertion.