Pfsweb Inc (PFSW): Michael C Willoughby , Chief Executive Officer of Pfsweb Inc sold 17,777 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $13.04 per share for a total value of $231,812.08 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 15, 2016, Elizabeth Johnson (Senior Vice President) sold 6,000 shares at $14.67 per share price.On Mar 30, 2016, David I Beatson (director) sold 2,128 shares at $13.16 per share price.Also, On Dec 11, 2015, Michael C Willoughby (Chief Executive Officer) sold 15,000 shares at $11.97 per share price.On Sep 25, 2015, Investment Company, Inc. Awm (10% owner) sold 162,258 shares at $13.79 per share price.
PFSweb: On Wednesday, May 25, 2016 heightened volatility was witnessed in PFSweb which led to swings in the share price. The shares opened for trading at $13.1 and hit $13.29 on the upside , eventually ending the session at $13.19, with a gain of 1.31% or 0.17 points. The heightened volatility saw the trading volume jump to 1,49,295 shares. The 52-week high of the share price is $16.54 and the company has a market cap of $246 M . The 52-week low of the share price is at $9.95.
Company has been under the radar of several Street Analysts.PFSweb is Initiated by Northland Capital to Outperform. The Rating was issued on Apr 21, 2016.PFSweb is Initiated by Wunderlich to Buy and the brokerage firm has set the Price Target at $19. The Rating was issued on Apr 15, 2016.
PFSWEB Inc. is a global provider of omni-channel commerce solutions including a range of technology infrastructure and professional services. Its service offerings include Website design creation and integration digital agency and marketing eCommerce technologies order management customer care logistics and fulfillment financial management and professional consulting. The Company operates through two primary segments: PFSweb and Business and Retail Connect. PFSweb is a global provider of various infrastructure technology and digital agency solutions and operates as a service fee business. In the Business and Retail Connect segment subsidiaries of the Company purchase inventory from clients and resell the inventory to client customers. Marketed as PFSweb’s End2End eCommerce solution and PFSweb Infinite Commerce (iCommerce) the services offered by the Company are categories as Digital Agency Services Technology Services Infrastructure Services and Technology Ecosystem.