Cui Global, Inc. (CUI): Daniel Ned Ford , CFO of Cui Global, Inc. purchased 2,000 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.99 per share for a total value of $13,980.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Daniel Ned Ford (CFO) purchased 2,000 shares at $6.99 per share price.On May 11, 2016, William J Clough (CEO) purchased 2,000 shares at $6.99 per share price.Also, On May 29, 2015, Thomas A Price (director) purchased 10,000 shares at $5.34 per share price.On May 19, 2015, Matthew Murdock Mckenzie (Corporate Secretary) purchased 2,000 shares at $5.29 per share price.
Shares of CUI Global Inc (CUI) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.94 points or -11.63% at $7.14 with 3,92,765 shares getting traded. Post opening the session at $7.84, the shares hit an intraday low of $7.0001 and an intraday high of $7.87 and the price vacillated in this range throughout the day. The company has a market cap of $149 M and the number of outstanding shares has been calculated to be 2,08,87,710 shares. The 52-week high of CUI Global Inc is $9.42 and the 52-week low is $4.12.
Company has been under the radar of several Street Analysts.CUI Global Inc is Reiterated by Dougherty & Company to Buy while Lowering the Price Target of the company shares to $ 9 from a previous price target of $10 . The Rating was issued on May 11, 2016.
CUI Global Inc. is a technology company. The Company operates through its three subsidiaries: CUI Inc. CUI Japan and Orbital Gas Systems Limited (Orbital). The Company operates through three segments: Power and Electro-Mechanical Gas and Other. CUI Inc. and CUI Japan are providers of electronic components including power supplies transformers converters connectors and industrial controls for Original Equipment Manufacturers (OEMs). Orbital is a natural gas systems integrator in the United Kingdom. The Company’s Power and Electro-Mechanical segment is focused on the operations of CUI Inc. and CUI Japan for the sale of internal and external power supplies and related components industrial controls and test and measurement devices. The Company’s Gas segment is focused on the operations of Orbital Gas Systems Limited which includes gas related test and measurement systems including the GasPT2.