Interactive Intelligence Group, Inc. (ININ) Files Form 4 Insider Selling : Edward Hamburg Sells 4,000 Shares

Interactive Intelligence Group, Inc. (ININ): Edward Hamburg , director of Interactive Intelligence Group, Inc. sold 4,000 shares on May 20, 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 $0.00 per share for a total value of $0.00 , 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 3, 2016, Jeff M. Platon (Chief Marketing Officer) sold 880 shares at $31.54 per share price.On Dec 16, 2015, Gary R Blough (Chief International Officer) sold 23,483 shares at $31.10 per share price.Also, On Dec 8, 2015, William J. Iii Gildea (Chief Operating Officer) sold 5,000 shares at $34.98 per share price.

Interactive Intelligence Group Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Interactive Intelligence Group Inc which led to swings in the share price. The shares opened for trading at $37.75 and hit $38.9392 on the upside , eventually ending the session at $38.8, with a gain of 3.16% or 1.19 points. The heightened volatility saw the trading volume jump to 1,48,764 shares. The 52-week high of the share price is $47.005 and the company has a market cap of $857 M . The 52-week low of the share price is at $21.42.

Interactive Intelligence Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Interactive Intelligence Group Inc is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 20, 2016.

Interactive Intelligence Group Inc. is a provider of software and services for collaboration communications and customer engagement. The Company’s primary offering is its Customer Interaction Center (CIC) product suite a multichannel communications platform that can be deployed on-premises or through the cloud as Communications as a Service (CaaS). The Company is engaged in the contact center market where its software applications provide pre-integrated inbound and outbound communications functionality. The Company utilizes this same communications platform to provide solutions for unified communications workforce optimization and business process automation. Its solutions are applicable in various industries including tele-services insurance banking accounts receivable management utilities healthcare retail technology government and business services.

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