Csg Systems International Inc (CSGS) Files Form 4 Insider Selling : Joseph Thomas Ruble Sells 13,977 Shares

Csg Systems International Inc (CSGS): Joseph Thomas Ruble , EVP, Gen Counsel, Sectry & CAO of Csg Systems International Inc sold 13,977 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $42.13 per share for a total value of $588,851.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Rolland B Johns (Chief Accounting Officer) sold 2,305 shares at $45.75 per share price.On Mar 16, 2016, Donald V Smith (director) sold 10,000 shares at $39.20 per share price.Also, On Dec 8, 2015, Peter E Kalan (CEO) sold 4,214 shares at $35.57 per share price.On Nov 27, 2015, Joseph Thomas Ruble (EVP, Gen Counsel, Sectry & CAO) sold 2,700 shares at $35.74 per share price.

CSG Systems International: On Tuesday, May 10, 2016 heightened volatility was witnessed in CSG Systems International which led to swings in the share price. The shares opened for trading at $42.34 and hit $42.74 on the upside , eventually ending the session at $42.72, with a gain of 1.42% or 0.6 points. The heightened volatility saw the trading volume jump to 1,61,130 shares. The 52-week high of the share price is $46.54 and the company has a market cap of $1,386 M . The 52-week low of the share price is at $29.1801.

CSG Systems International Money Flow Index Chart

Company has been under the radar of several Street Analysts.CSG Systems International is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $47 .The Rating was issued on May 5, 2016.CSG Systems International is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $43 .The Rating was issued on Mar 17, 2016.

CSG Systems International Inc. (CSG) is a provider of business support solutions primarily to the communications industry. The Company’s solutions coordinate and manage many aspects of a service provider’s customer interactions from the initial activation of customer accounts to the support of various service activities and through the presentment collection and accounts receivables management of monthly customer statements. The Company’s primary product solutions include cable and satellite care and billing convergent rating and billing mediation and data management wholesale settlement and routing customer interaction management business intelligence and content management and monetization.

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