Professional Diversity Network, Inc. (IPDN) Files Form 4 Insider Buying : James R Kirsch Buys 10,000 Shares

Professional Diversity Network, Inc. (IPDN): James R Kirsch , Executive Chairman of Professional Diversity Network, Inc. purchased 10,000 shares on May 18, 2016. The Insider buying transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.53 per share for a total value of $5,300.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Matthew B. Proman (10% owner) sold 3,055,000 shares at $0.60 per share price.On Sep 10, 2015, James R Kirsch (CEO) purchased 8,000 shares at $0.85 per share price.Also, On Sep 9, 2015, David Mecklenburger (CFO) purchased 1,500 shares at $0.75 per share price.On May 26, 2015, Star Jones (President) purchased 1,500 shares at $2.84 per share price.

Shares of Professional Diversity Network Inc (IPDN) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.049 points or -9.25% at $0.481 with 1,200 shares getting traded. Post opening the session at $0.5013, the shares hit an intraday low of $0.481 and an intraday high of $0.5013 and the price vacillated in this range throughout the day. The company has a market cap of $7 M and the number of outstanding shares has been calculated to be 1,46,08,230 shares. The 52-week high of Professional Diversity Network Inc is $3.0899 and the 52-week low is $0.1949.

Professional Diversity Network Inc Money Flow Index Chart

Professional Diversity Network Inc. operates online professional networking communities with career resources specifically tailored to the needs of different diverse cultural groups including women Hispanic-Americans African-Americans Asian-Americans disabled military professionals lesbians gay bisexual and transgender (LGBT) and students and graduates. The Company is both the operator of the Professional Diversity Network (PDN) and a holding company for NAPW Inc. a wholly owned subsidiary of the Company and the operator of the National Association of Professional Women (the NAPW Network or NAPW) as well as Noble Voice LLC and Compliant Lead LLC each of which is a wholly owned subsidiary of the Company and together provide career consultation services. It has three segments: PDN Network NAPW Network and Noble Voice operations.

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