Civeo Corp (CVEO) Files Form 4 Insider Selling : Martin Lambert Sells 27,843 Shares

Civeo Corp (CVEO): Martin Lambert , director of Civeo Corp sold 27,843 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $1.90 per share for a total value of $52,901.70 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Martin Lambert (director) sold 27,843 shares at $1.90 per share price.On Mar 7, 2016, Peter Mccann (officer ) sold 27,414 shares at $1.27 per share price.Also, On Oct 2, 2015, Bradley J Dodson (director officer ) purchased 70,000 shares at $1.54 per share price.On Sep 10, 2015, Frank Steininger (officer ) purchased 40,000 shares at $1.89 per share price.

Civeo Corporation (Canada): On Monday, May 16, 2016 heightened volatility was witnessed in Civeo Corporation (Canada) which led to swings in the share price. The shares opened for trading at $1.92 and hit $2 on the upside , eventually ending the session at $1.93, with a gain of 2.66% or 0.05 points. The heightened volatility saw the trading volume jump to 5,27,222 shares. The 52-week high of the share price is $4.48 and the company has a market cap of $208 M . The 52-week low of the share price is at $0.747.

Civeo Corporation (Canada) Money Flow Index Chart

Company has been under the radar of several Street Analysts.Civeo Corporation (Canada) is Reiterated by Scotia Howard Weil to Sector Outperform and the brokerage firm has raised the Price Target to $ 4 from a previous price target of $3 .The Rating was issued on May 6, 2016.

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