Active Power Inc (ACPW) Files Form 4 Insider Buying : Steven Sams Buys 20,000 Shares

Active Power Inc (ACPW): Steven Sams , director of Active Power Inc purchased 20,000 shares on Apr 28, 2016. The Insider buying transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.58 per share for a total value of $11,600.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 15, 2016, Daryl Dulaney (director) purchased 40,000 shares at $1.03 per share price.On Mar 11, 2016, Steven Sams (director) purchased 9,980 shares at $1.03 per share price.Also, On Jun 15, 2015, Robert S Greenberg (director) purchased 5,000 shares at $2.07 per share price.On Mar 16, 2015, Mark A Ascolese (CEO) purchased 15,000 shares at $2.40 per share price.

Active Power: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in Active Power which led to swings in the share price. The shares opened for trading at $0.55 and hit $0.589 on the upside , eventually ending the session at $0.5797, with a gain of 11.48% or 0.0597 points. The heightened volatility saw the trading volume jump to 8,06,979 shares. The 52-week high of the share price is $2.48 and the company has a market cap of $13 M . The 52-week low of the share price is at $0.51.

Active Power Money Flow Index Chart

Active Power Inc. designs manufactures sells and services flywheel-based uninterruptible power supply (UPS) products that use kinetic energy to provide short-term power as a cleaner alternative to electro-chemical battery-based energy storage. The Company also designs manufactures sells and services modular infrastructure solutions (MIS) that integrate critical power components into a pre-packaged purpose built enclosure. Its UPS products and solutions are designed to deliver continuous conditioned power during short-term power disturbances and outages such as voltage sags and surges and to provide ride-through power in the event of a utility failure supporting operations until utility power is restored or a longer term alternative power source such as a diesel generator is started. Its flywheel-based UPS products are sold under the brand name CleanSource UPS.

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