Gtt Communications, Inc. (GTT) Files Form 4 Insider Buying : Nicola Adamo Buys 5,000 Shares

Gtt Communications, Inc. (GTT): Nicola Adamo , director of Gtt Communications, Inc. purchased 5,000 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.85 per share for a total value of $84,250.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, Morgan E Obrien (director) sold 25,000 shares at $15.48 per share price.On Feb 18, 2016, S Joseph Bruno (director) purchased 1,000 shares at $20.00 per share price.Also, On Nov 19, 2015, Theodore B. Iii Smith (director) purchased 499 shares at $19.87 per share price.On Nov 12, 2015, H Brian Thompson (director) purchased 14,000 shares at $19.80 per share price.

GTT Communications Inc: On Friday, May 20, 2016 heightened volatility was witnessed in GTT Communications Inc which led to swings in the share price. The shares opened for trading at $16.24 and hit $16.89 on the upside , eventually ending the session at $16.7, with a gain of 3.02% or 0.49 points. The heightened volatility saw the trading volume jump to 79,176 shares. The 52-week high of the share price is $26.64 and the company has a market cap of $620,522 M . The 52-week low of the share price is at $12.31.

GTT Communications Inc Money Flow Index Chart

GTT Communications Inc. (GTT) operates a global Tier 1 Internet protocol (IP) network with interconnected Ethernet service platforms around the world. The Company provides cloud networking services. The Company provides services in over 100 countries. GTT has deployed network assets in North America Europe and Asia to provide Internet Access IP transit and Ethernet transport services. GTT’s core network consists of a global Layer 2 switched Ethernet diversely routed 10 gigabyte (Gb) mesh network as well as IP transit or Internet access through approximately 200 Points of Presence (PoPs) delivering cloud networking services to enterprise Government and wholesale customers. GTT has network connectivity in United States cities and European cities and Ethernet hubs with various carriers and multiple peering connections to other Tier 1 IP providers. The Company offers a range of managed services.

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