Ciber Inc (CBR) Files Form 4 Insider Buying : Paulett Eberhart Buys 20,000 Shares

Ciber Inc (CBR): Paulett Eberhart , director of Ciber Inc purchased 20,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.17 per share for a total value of $23,400.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 20, 2016, Eric P Stine (SVP Global Portfolio Mgmt) sold 3,725 shares at $3.19 per share price.On Sep 8, 2015, Michael Sean Radcliffe (General Counsel/SVP) sold 9,000 shares at $3.33 per share price.Also, On Apr 14, 2015, Christian M Mezger (CFO) sold 15,478 shares at $3.91 per share price.

Shares of CIBER (CBR) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -5.88% at $1.12 with 6,34,034 shares getting traded. Post opening the session at $1.18, the shares hit an intraday low of $1.1 and an intraday high of $1.21 and the price vacillated in this range throughout the day. The company has a market cap of $90 M and the number of outstanding shares has been calculated to be 8,06,80,752 shares. The 52-week high of CIBER is $3.9 and the 52-week low is $1.1.

CIBER Money Flow Index Chart

Company has been under the radar of several Street Analysts.CIBER is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 3 from a previous price target of $5 . The Rating was issued on May 5, 2016.CIBER is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 5 from a previous price target of $7 . The Rating was issued on Feb 18, 2016.

Ciber Inc. (Ciber) is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment consists of countries in Western Europe and the Nordic region. The Company offers a range of services which include Staffing/Application Development and Maintenance Independent software vendor (ISV)/Channel Partner Platforms Integrated Managed Services and other services. Its Application Development and Maintenance services provide analysis design development testing implementation and maintenance of its client’s business applications. The Company also provides project management application and technical consulting database administration and infrastructure support for project-based or managed-services approach. The Company’s business consulting practice comprises Enterprise Application Consultancy IT Strategy Consultancy and Business Process Consultancy.

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