Apigee Corp (APIC) Files Form 4 Insider Selling : Shankar Ramaswamy Sells 15,636 Shares

Apigee Corp (APIC): Shankar Ramaswamy , VP of Engineering & Operations of Apigee Corp sold 15,636 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $10.61 per share for a total value of $165,879.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 30, 2015, Stacey Giamalis (Chief Counsel) purchased 344 shares at $10.48 per share price.On Sep 30, 2015, Chetan Kapoor (CEO) purchased 5,000 shares at $10.03 per share price.Also, On Sep 28, 2015, Anant Jhingran (Chief Technology Officer) purchased 3,800 shares at $10.73 per share price.On Sep 24, 2015, Shankar Ramaswamy (VP of Engineering & Operations) purchased 3,350 shares at $9.74 per share price.

Apigee Corp: On Thursday, May 19, 2016 heightened volatility was witnessed in Apigee Corp which led to swings in the share price. The shares opened for trading at $10.63 and hit $10.7199 on the upside , eventually ending the session at $10.6, with a gain of 0.09% or 0.01 points. The heightened volatility saw the trading volume jump to 1,08,063 shares. The 52-week high of the share price is $16.9388 and the company has a market cap of $316 M . The 52-week low of the share price is at $5.1405.

Apigee Corp Money Flow Index Chart

Apigee Corporation (Apigee) is a provider of an application program interface (API)-based software platform that enables digital connectivity and business insights. The Company’s platform allows businesses to design deploy and scale APIs as a connection layer between its information technology (IT) systems and data and the applications with which its customers partners employees and other users engage with its business. The Company’s platform consists of following products: Apigee Edge Apigee Insights Apigee Developer and Apigee Link. Its Apigee Edge provides a solution that addresses the entire digital value chain by eliminating the need to integrate disparate point solutions. Its Apigee Insights delivers predictive analytics. The Apigee Developer consists of Apigee Edge Trial and two open source products such as Apigee 127 and Apigee Zetta. Apigee Link is the Company’s Internet of things (IoT) platform for connecting devices to the Internet.

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