Channeladvisor Corp (ECOM) Files Form 4 Insider Selling : M Scot Wingo Sells 60,000 Shares

Channeladvisor Corp (ECOM): M Scot Wingo , Executive Chairman of Channeladvisor Corp sold 60,000 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $12.02 per share for a total value of $720,900.00 , 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 17, 2016, M Scot Wingo (Executive Chairman) sold 50,000 shares at $10.86 per share price.On Dec 15, 2015, Patrick J Kerins (director) sold 37,028 shares at $13.32 per share price.Also, On Aug 12, 2015, David J Spitz (CEO) purchased 4,500 shares at $11.75 per share price.On Mar 12, 2015, Robert Hower (director) purchased 5,000 shares at $9.48 per share price.

ChannelAdvisor Corp: On Friday, May 20, 2016 heightened volatility was witnessed in ChannelAdvisor Corp which led to swings in the share price. The shares opened for trading at $11.65 and hit $12.36 on the upside , eventually ending the session at $11.9, with a gain of 2.76% or 0.32 points. The heightened volatility saw the trading volume jump to 90,802 shares. The 52-week high of the share price is $14.73 and the company has a market cap of $303,129 M . The 52-week low of the share price is at $8.71.

ChannelAdvisor Corp Money Flow Index Chart

ChannelAdvisor Corporation is a provider of Software as a Service (SaaS) solutions. The Company’s SaaS solutions enable its retailer and manufacturer customers to integrate and manage their merchandise sales across various online channels. Through its platform the Company enables its customers to connect with various sources of demand for their products including e-commerce marketplaces such as eBay Amazon Newegg and Sears search engines and comparison shopping Websites such as Google Microsoft’s Bing and Nextag and other channels such as Facebook and Pinterest. The Company’s suite of solutions provides its customers with an integrated user interface to manage their product listings inventory availability pricing optimization search terms data analytics and other functions across the channels. The Company’s suite of solutions includes various modules such as Marketplaces Digital Marketing Where to Buy Webstores Amplifier and Rich Media.

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