Fusion Telecommunications International Inc (FSNN): William David Rubin , director of Fusion Telecommunications International Inc purchased 1,938 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.28 per share for a total value of $2,480.64 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 12, 2016, Capital Llc Unterberg (10% owner) purchased 1,706,932 shares at $0.00 per share price.On Dec 23, 2015, Lawrence H Blum (director) purchased 4,587 shares at $2.18 per share price.Also, On Dec 23, 2015, Matthew D Rosen (CEO) purchased 11,468 shares at $2.18 per share price.On Dec 23, 2015, Marvin S Rosen (director) purchased 137,614 shares at $2.18 per share price.
Fusion Telecommunications Int'l: On Friday, May 20, 2016 heightened volatility was witnessed in Fusion Telecommunications Int'l which led to swings in the share price. The shares opened for trading at $1.3799 and hit $1.3899 on the upside , eventually ending the session at $1.38, with a gain of 2.99% or 0.04 points. The heightened volatility saw the trading volume jump to 47,450 shares. The 52-week high of the share price is $5.43 and the company has a market cap of $20,441 M . The 52-week low of the share price is at $1.2.
Fusion Telecommunications International Inc. (Fusion) is a provider of Internet protocol (IP) based digital voice and data communications services to corporations and carriers worldwide. The Company offers a comprehensive suite of cloud communications cloud connectivity and managed cloud-based applications solutions to small medium and large businesses and domestic and international voice services worldwide. Fusion advanced proprietary cloud services platform enables the integration of solutions in the cloud increasing customer collaboration and productivity by seamlessly connecting employees partners customers and vendors. The Company operates in two business segments: Business Services and Carrier Services. Fusion has its operation within cloud services assets used by Broadvox LLC and its affiliate Cypress Communications LLC.