Invacare Corp (IVC) Files Form 4 Insider Buying : Clifford D Nastas Buys 5,000 Shares

Invacare Corp (IVC): Clifford D Nastas , director of Invacare Corp purchased 5,000 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.01 per share for a total value of $55,050.00 , 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 3, 2016, Matthew E. Monaghan (CEO) purchased 4,500 shares at $11.39 per share price.On May 2, 2016, Anthony Laplaca (Sr. VP and General Counsel) purchased 1,000 shares at $11.23 per share price.Also, On May 2, 2016, Baiju R. Shah (director) purchased 2,000 shares at $11.27 per share price.On Feb 29, 2016, Robert K Gudbranson (CFO) purchased 4,200 shares at $12.01 per share price.

Invacare Corporation: On Friday, May 6, 2016 heightened volatility was witnessed in Invacare Corporation which led to swings in the share price. The shares opened for trading at $10.67 and hit $11.2 on the upside , eventually ending the session at $11.08, with a gain of 3.07% or 0.33 points. The heightened volatility saw the trading volume jump to 5,36,133 shares. The 52-week high of the share price is $23.59 and the company has a market cap of $361 M . The 52-week low of the share price is at $10.65.

Invacare Corporation Money Flow Index Chart

Invacare Corporation is a manufacturer and distributor for medical equipment used in the home and long-term care settings based upon its distribution channels breadth of product line and net sales. The Company designs manufactures and distributes health care products for the non-acute care environment including the home health care and extended care markets. It operates in North America Asia/Pacific and Europe and includes North America/Home Medical Equipment with Mobility and Seating Lifestyle and Respiratory Therapy product lines and Institutional Products Group segments in the United States and Canada. The Company sells its products to home health care and medical equipment providers distributors and government locations in the United States Europe Canada New Zealand Australia and Asia. Its products are sold through its sales force telesales associates and independent manufacturers’ representatives and distributors across the world.

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