Model N, Inc. (MODN): Mark Tisdel , SVP & Chief Financial Officer of Model N, Inc. sold 10,528 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $10.41 per share for a total value of $109,596.48 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 22, 2016, Christopher Larsen (SVP and Chief Customer Officer) sold 1,125 shares at $9.92 per share price.On Feb 22, 2016, Mark Tisdel (SVP & Chief Financial Officer) sold 1,560 shares at $9.92 per share price.Also, On May 19, 2015, Shail Khiyara (SVP and Chief Marketing Office) sold 5,277 shares at $11.28 per share price.On Mar 9, 2015, Michael Laroche (SVP, Global Operations) sold 5,747 shares at $12.05 per share price.
Model N Inc: On Thursday, May 19, 2016 heightened volatility was witnessed in Model N Inc which led to swings in the share price. The shares opened for trading at $10.36 and hit $10.54 on the upside , eventually ending the session at $10.45, with a gain of 0.77% or 0.08 points. The heightened volatility saw the trading volume jump to 6,16,367 shares. The 52-week high of the share price is $12.47 and the company has a market cap of $287,563 M . The 52-week low of the share price is at $9.19.
Model N Inc is a United States-based company which provides revenue management solutions for the life science and technology industries. The Companys solutions enable its customers to maximize revenue and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical disjointed operations into a strategic end-to-end process. Its customers use its application suites to manage functions such as pricing contracting incentives and rebates. The Company offers Model N Cloud a revenue management software-as-a-service (SaaS) solution that provides access to the revenue management platform for organizations to manage their revenue life cycles across various product lines divisions and countries; and Model N Education for providing instructor-led classroom training in Redwood Shores California and Princeton New Jersey.