Exa Corp (EXA): Stephen A. Remondi , CEO and President of Exa Corp sold 10,000 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $13.07 per share for a total value of $130,718.02 , 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, Hudong Chen (Chief Scientific Ofc., Sr. VP) sold 10,000 shares at $12.93 per share price.On Apr 5, 2016, Stephen A. Remondi (CEO and President) sold 10,000 shares at $12.93 per share price.Also, On Mar 16, 2016, James E. Hoch (Sr. VP of Software Development) sold 8,000 shares at $11.50 per share price.On Jan 7, 2016, Wayne D Mackie (director) purchased 5,000 shares at $11.58 per share price.
Shares of Exa Corp (EXA) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.38% at $13.03 with 26,284 shares getting traded. Post opening the session at $13.05, the shares hit an intraday low of $12.87 and an intraday high of $13.314 and the price vacillated in this range throughout the day. The company has a market cap of $191 M and the number of outstanding shares has been calculated to be 1,46,31,119 shares. The 52-week high of Exa Corp is $13.9 and the 52-week low is $9.02.
Exa Corporation develops sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market including manufacturers in the passenger vehicle highway truck off-highway vehicle and train markets as well as their suppliers. Its core product PowerFLOW is a software solution for simulating fluid flow problems including aerodynamics thermal management and aeroacoustics or wind noise. PowerFLOW uses its Digital Physics technology that enables it to predict fluid flows. PowerFLOW directly simulates unpredictable turbulent scales. The PowerFLOW software suite includes the simulation engine and grid generation engine along with pre- and post-processing software products. Its products include PowerDELTA with PowerCLAY PowerCASE PowerTHERM PowerCOOL PowerINSIGHT PowerVIZ PowerACOUSTICS and ExaCLOUD Simulation Platform.