Petmed Express Inc (PETS) Files Form 4 Insider Selling : Bruce S Rosenbloom Sells 5,500 Shares

Petmed Express Inc (PETS): Bruce S Rosenbloom , CHIEF FINANCIAL OFFICER of Petmed Express Inc sold 5,500 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $19.22 per share for a total value of $107,470.00 , 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 15, 2016, Bruce S Rosenbloom (CHIEF FINANCIAL OFFICER) sold 3,000 shares at $17.25 per share price.On Feb 23, 2016, Ronald J Korn (director) sold 5,000 shares at $16.76 per share price.Also, On Jun 22, 2015, Menderes Akdag (CEO & President) sold 8,000 shares at $17.75 per share price.On May 11, 2015, Frank J Formica (director) sold 7,500 shares at $16.51 per share price.

Petmed Express Inc: On Friday, May 6, 2016 heightened volatility was witnessed in Petmed Express Inc which led to swings in the share price. The shares opened for trading at $17.92 and hit $18.95 on the upside , eventually ending the session at $18.75, with a gain of 4.46% or 0.8 points. The heightened volatility saw the trading volume jump to 4,87,612 shares. The 52-week high of the share price is $18.95 and the company has a market cap of $381 M . The 52-week low of the share price is at $14.53.

Petmed Express Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Petmed Express Inc is Upgraded by Craig Hallum to Hold. Earlier the firm had a rating of Sell on the company shares. The Rating was issued on May 9, 2016.

PetMed Express Inc. (PetMed Express) doing business as 1800PetMeds is a pet pharmacy. The Company markets prescription and non-prescription pet medications and other health products for dogs and cats direct to the consumer. The Company offers a selection of products for dogs and cats. The Company’s product line contains approximately 3000 stock keeping units (SKUS) of pet medications health products and supplies. These products include brands of medication such as Frontline Plus K9 Advantix II Advantage II Heartgard Plus Sentinel Revolution and Rimadyl. It also offers for sale additional pet supplies on its Website which are drop shipped to its customers by third party vendors. These pet supplies include food beds crates stairs strollers and other pet supplies. The Company’s products included Non-Prescription Medications (Over the Counter (OTC)) and supplies and Prescription Medications (Rx).

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Petmed Express Inc - Is it time to Sell?

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