Gse Systems Inc (GVP) Files Form 4 Insider Buying : Christopher D. Sorrells Buys 14,300 Shares

Gse Systems Inc (GVP): Christopher D. Sorrells , COO of Gse Systems Inc purchased 14,300 shares on May 23, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.13 per share for a total value of $30,420.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 23, 2016, Daniel Warren Pugh (SVP, General Counsel & RMO) purchased 5,000 shares at $2.19 per share price.On Dec 16, 2015, Paul Abbott (Sr. Vice President) purchased 6,900 shares at $1.97 per share price.Also, On Dec 16, 2015, Bahram Meyssami (Chief Technology Officer) purchased 24,000 shares at $2.09 per share price.On Dec 14, 2015, Kyle Justin Loudermilk (CEO) purchased 28,000 shares at $1.83 per share price.

Shares of GSE Systems (GVP) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.019 points or -0.88% at $2.14 with 43,072 shares getting traded. Post opening the session at $2.16, the shares hit an intraday low of $2.12 and an intraday high of $2.19 and the price vacillated in this range throughout the day. The company has a market cap of $39 M and the number of outstanding shares has been calculated to be 1,80,31,765 shares. The 52-week high of GSE Systems is $3.08 and the 52-week low is $1.281.

GSE Systems Money Flow Index Chart

GSE Systems Inc. (GSE) is a performance improvement company. The Company operates in two segments: Performance Improvement Solutions and Staff Augmentation. Performance Improvement Solutions segment offers simulation training and engineering products and services. Staff Augmentation segment provides specialized workforce solutions to the nuclear industry working at its clients’ facilities. The Company’s subsidiaries include GSE Performance Solutions Inc.; GSE Power Systems AB a Swedish corporation; GSE Engineering Systems (Beijing) Co. Ltd. a Chinese limited liability company; GSE Systems Ltd. a Scottish limited liability company; EnVision Systems (India) Pvt. Ltd. an Indian limited liability company and Hyperspring LLC an Alabama limited liability company. The Company has a 50% interest in IntelliQlik LLC a Delaware limited liability company and a 50% interest in General Simulation Engineering RUS LLC a Russian closed joint-stock company.

Leave a Reply

GSE Systems - Is it time to Sell?

Top Brokerage Firms are advising their investors on GSE Systems. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.