Radisys Corp (RSYS) Files Form 4 Insider Selling : C Scott Gibson Sells 18,000 Shares

Radisys Corp (RSYS): C Scott Gibson , director of Radisys Corp sold 18,000 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $4.96 per share for a total value of $88,948.10 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 26, 2016, Lawrence Lavier (VP & GM, Embedded Prod& HW Svc) purchased 5,000 shares at $2.64 per share price.On Feb 26, 2016, Jonathan Wilson (CFO) purchased 5,500 shares at $2.60 per share price.Also, On Nov 24, 2015, Niel Ransom (director) purchased 6,500 shares at $2.78 per share price.On Nov 5, 2015, Lange Ronald J De (director) purchased 5,000 shares at $2.78 per share price.

RadiSys Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in RadiSys Corporation which led to swings in the share price. The shares opened for trading at $4.68 and hit $5.22 on the upside , eventually ending the session at $5.1, with a gain of 13.33% or 0.6 points. The heightened volatility saw the trading volume jump to 8,71,471 shares. The 52-week high of the share price is $5.22 and the company has a market cap of $189 M . The 52-week low of the share price is at $2.25.

RadiSys Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.RadiSys Corporation is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 5.50 from a previous price target of $4 .The Rating was issued on Apr 8, 2016.RadiSys Corporation is Initiated by Lake Street to Buy and the brokerage firm has set the Price Target at $4.50. The Rating was issued on Mar 21, 2016.

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms real-time media processing engines and wireless access technologies enable service providers to maximize virtualize and monetize their networks. The Company’s products and services are organized into two operating segments: Software-Systems and Embedded Products and Hardware Services. The Company’s Software-Systems segment is comprised of three product families: FlowEngine MediaEngine and CellEngine. Also included in the Software-Systems segment is its Professional Service organization. The Company’s Embedded Products and Hardware Services segment comprises of the product-lines T-Series Advanced Telecommunications Computing Architecture (ATCA) Platforms Component Object Model (COM) Express and Rackmount Servers and Other Products.

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