Evine Live Inc. (EVLV) Files Form 4 Insider Selling : Electric Co General Sells 3,545,049 Shares

Evine Live Inc. (EVLV): Electric Co General , other 10% owner of Evine Live Inc. sold 3,545,049 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $2.15 per share for a total value of $7,621,855.50 , 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 11, 2016, Lowell W Robinson (director) purchased 6,500 shares at $1.15 per share price.On Apr 11, 2016, Nick Vassallo (SVP, Corporate Controller) purchased 9,300 shares at $1.21 per share price.Also, On Apr 11, 2016, Damon E. Schramm (SVP, Genl Counsel & Secy) purchased 10,000 shares at $1.20 per share price.On Apr 6, 2016, Thomas D Beers (director) purchased 38,037 shares at $1.35 per share price.

Shares of EVINE Live Inc (EVLV) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -12.34% at $1.35 with 7,15,591 shares getting traded. Post opening the session at $1.48, the shares hit an intraday low of $1.295 and an intraday high of $1.5 and the price vacillated in this range throughout the day. The company has a market cap of $77 M and the number of outstanding shares has been calculated to be 5,71,70,245 shares. The 52-week high of EVINE Live Inc is $6.14 and the 52-week low is $0.411.

EVINE Live Inc Money Flow Index Chart

EVINE Live Inc. formerly ValueVision Media Inc. is a digital commerce company. The Company markets sells and distributes products to consumers through television (TV) online mobile and social media. The Company operates an around the clock television shopping network EVINE Live which is distributed primarily on cable and satellite systems through which the Company offers brand name and private label products in the categories of jewelry and watches home and consumer electronics beauty health and fitness and fashion and accessories. It also operates evine.com a digital commerce platform that sells products which appear on its television shopping network as well as an extended assortment of online-only merchandise. Its programming and products are also marketed through mobile devices including smartphones and tablets and through the social media channels.

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