Lionbridge Technologies Inc /de/ (LIOX) Files Form 4 Insider Buying : Rory J Cowan Buys 21,052 Shares

Lionbridge Technologies Inc /de/ (LIOX): Rory J Cowan , CEO of Lionbridge Technologies Inc /de/ purchased 21,052 shares on May 10, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.39 per share for a total value of $92,308.81 , 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 9, 2016, Paul Kavanagh (director) sold 10,000 shares at $5.01 per share price.On Mar 4, 2016, Steven R Fisher (director) sold 10,000 shares at $4.89 per share price.Also, On Nov 13, 2015, Paula Shannon (Chief Sales Officer, SVP) sold 117,640 shares at $5.32 per share price.On Sep 4, 2015, Donald M Muir (Chief Financial Officer) sold 40,000 shares at $5.06 per share price.

Lionbridge Technologies: On Friday, May 6, 2016 heightened volatility was witnessed in Lionbridge Technologies which led to swings in the share price. The shares opened for trading at $4.02 and hit $4.26 on the upside , eventually ending the session at $4.26, with a gain of 3.90% or 0.16 points. The heightened volatility saw the trading volume jump to 2,28,184 shares. The 52-week high of the share price is $6.46 and the company has a market cap of $273 M . The 52-week low of the share price is at $3.93.

Lionbridge Technologies Money Flow Index Chart

Company has been under the radar of several Street Analysts.Lionbridge Technologies is Reiterated by Barrington Research to Outperform while Lowering the Price Target of the company shares to $ 7 from a previous price target of $8 . The Rating was issued on May 9, 2016.

Lionbridge Technologies Inc. (Lionbridge) is a provider of globalization solutions. The Company provides translation online marketing global content management and application testing solutions that ensure local relevancy global brand consistency and technical usability. The Company operates in three segments: Global Language and Content (GLC) Global Enterprise Solutions (GES) and Interpretation Services. Under GLC solutions it translates localizes and adapts clients’ content and products to meet the language cultural technical and industry-specific requirements of users in local markets throughout the world. Under GES solutions it tests software and online search results to help clients deliver high-quality relevant applications in global markets. It offers telephonic onsite and simultaneous interpretation services in over 360 languages to federal state and local government agencies businesses and healthcare organizations.

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