Neonode, Inc (NEON) Files Form 4 Insider Buying : Lars, Goran Lindqvist Buys 15,000 Shares

Neonode, Inc (NEON): Lars, Goran Lindqvist , CFO of Neonode, Inc purchased 15,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.61 per share for a total value of $24,075.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 13, 2015, Bjorn Thomas Eriksson (CEO) purchased 52,631 shares at $1.90 per share price.On Oct 13, 2015, Mats Dahlin (director) purchased 52,631 shares at $1.90 per share price.Also, On Oct 13, 2015, Per Ivar Gosta Bystedt (director) purchased 52,631 shares at $1.90 per share price.On Aug 11, 2015, Lars, Goran Lindqvist (CFO) purchased 10,000 shares at $2.60 per share price.

Shares of Neonode Inc (NEON) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -12.25% at $1.79 with 5,02,073 shares getting traded. Post opening the session at $2.13, the shares hit an intraday low of $1.74 and an intraday high of $2.13 and the price vacillated in this range throughout the day. The company has a market cap of $78 M and the number of outstanding shares has been calculated to be 4,38,17,151 shares. The 52-week high of Neonode Inc is $4.44 and the 52-week low is $1.74.

Neonode Inc Money Flow Index Chart

Neonode Inc. develops and licenses user interfaces and optical infrared touch technology. The Company’s technology offers multiple features including the ability to sense an object’s size depth velocity pressure and proximity to any type of surface. It licenses its multi-touch technology to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) who incorporate it into devices that they produce and sell. In addition it develops prototype products and is engaged in product engineering design discussions with numerous global OEMs and ODMs. The Company offers its family of touch solutions under the brands MultiSensing and zForce. Its solution provides sense enablement through touch and proximity sensing. Its technology has application in various fields such as laptop computers all-in-one computers stand-alone monitors printer products global positioning systems e-Readers tablets mobile phones wearable electronics and games and toys among others.

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