Ii-vi Inc (IIVI) Files Form 4 Insider Selling : Thomas E Mistler Sells 5,000 Shares

Ii-vi Inc (IIVI): Thomas E Mistler , director of Ii-vi Inc sold 5,000 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $19.62 per share for a total value of $98,115.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 2, 2016, Francis J Kramer (Chief Executive Officer) sold 26,300 shares at $20.79 per share price.On Mar 30, 2016, Wendy F Dicicco (director) sold 2,000 shares at $21.16 per share price.Also, On Mar 24, 2016, Marc Y E Pelaez (director) sold 13,400 shares at $21.14 per share price.On Dec 3, 2015, Peter W Sognefest (director) sold 7,900 shares at $18.62 per share price.

II-VI: On Friday, May 20, 2016 heightened volatility was witnessed in II-VI which led to swings in the share price. The shares opened for trading at $19.61 and hit $19.84 on the upside , eventually ending the session at $19.64, with a gain of 0.31% or 0.06 points. The heightened volatility saw the trading volume jump to 2,15,368 shares. The 52-week high of the share price is $23.39 and the company has a market cap of $1,211,572 M . The 52-week low of the share price is at $15.042.

II-VI Money Flow Index Chart

Company has been under the radar of several Street Analysts.II-VI is Reiterated by The Benchmark Company to Buy and the brokerage firm has raised the Price Target to $ 25 from a previous price target of $23.50 .The Rating was issued on Apr 26, 2016.II-VI is Initiated by Sidoti to Buy. The Rating was issued on Apr 21, 2016.II-VI is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 23 from a previous price target of $22 .The Rating was issued on Mar 22, 2016.

II-VI Incorporated develops manufactures and markets engineered materials and opto-electronic components and products for precision use in industrial optical communications military semiconductor medical and life science and consumer applications. The Company has three segments: II-VI Laser Solutions II-VI Photonics and II-VI Performance Products. Its II-VI Laser Solutions segment designs manufactures and markets optical and electro-optical components and materials sold under the II-VI Infrared brand and used in carbon dioxide (CO2) lasers. Its II-VI Photonics segment manufactures crystal materials optics microchip lasers and opto-electronic modules for use in optical communication networks and other consumer and commercial applications. Its II-VI Performance Products segment designs manufactures and markets infrared optical components and optical assemblies for military medical and commercial laser imaging applications.

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