Phi Inc (PHII) Files Form 4 Insider Buying : Alton Anthony Jr Gonsoulin Buys 33,000 Shares

Phi Inc (PHII): Alton Anthony Jr Gonsoulin , CEO of Phi Inc purchased 33,000 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.53 per share for a total value of $511,830.41 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 31, 2015, Thomas H Murphy (director) purchased 1,000 shares at $25.75 per share price.On Jun 3, 2015, Alton Anthony Jr Gonsoulin (director officer 10% owner (Chief Executive Offic) purchased 20,484 shares at $34.06 per share price.

PHI: On Wednesday, May 25, 2016 heightened volatility was witnessed in PHI which led to swings in the share price. The shares opened for trading at $15.16 and hit $15.63 on the upside , eventually ending the session at $15.55, with a gain of 2.98% or 0.45 points. The heightened volatility saw the trading volume jump to 3,851 shares. The 52-week high of the share price is $35.74 and the company has a market cap of $244 M . The 52-week low of the share price is at $13.05.

PHI Money Flow Index Chart

PHI Inc. is a provider of helicopter transportation services in the Gulf of Mexico. The Company also provides helicopter services to the oil and gas industry in certain other domestic and international markets. It operates in three business segments: Oil and Gas Air Medical and Technical Services. The Company’s Oil and Gas segment provides helicopter services for the integrated and independent oil and gas production companies transporting personnel and equipment to offshore platforms in the Gulf of Mexico. In the United States the Company provides air medical transportation services for hospitals and emergency service agencies. The Technical Services segment provides helicopter repair and overhaul services. The Company is engaged in the transportation of personnel and to a lesser extent parts and equipment to from and among offshore platforms for customers engaged in the oil and gas exploration development and production industry in the Gulf of Mexico.

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