Turtle Beach Corp (HEAR): Carmine J Bonanno , 10% owner other of Turtle Beach Corp sold 154,745 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $1.06 per share for a total value of $169,912.84 , 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 6, 2016, Carmine J Bonanno (10% owner other) sold 185,840 shares at $1.02 per share price.On Feb 8, 2016, Revocable Living Trus Doornink (other) purchased 500,000 shares at $1.00 per share price.Also, On Feb 8, 2016, Juergen M. Stark (CEO) purchased 150,000 shares at $1.00 per share price.On Feb 8, 2016, Vtb Holdings, Llc Sg (10% owner other) purchased 2,500,000 shares at $1.00 per share price.
Turtle Beach Corp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Turtle Beach Corp which led to swings in the share price. The shares opened for trading at $0.91 and hit $0.96 on the upside , eventually ending the session at $0.918, with a gain of 3.15% or 0.028 points. The heightened volatility saw the trading volume jump to 65,899 shares. The 52-week high of the share price is $3.72 and the company has a market cap of $45 M . The 52-week low of the share price is at $0.8301.
Turtle Beach Corporation (Turtle Beach) formerly Parametric Sound Corporation is an audio technology company. The Company is engaged in developing commercializing and marketing audio technologies under the Turtle Beach and HyperSound brands. The Company operates through two business segments: Voyetra Turtle Beach and HyperSound. The Turtle Beach brand is engaged in providing headset solutions for use across multiple platforms including video game and entertainment consoles handheld consoles personal computers tablets and mobile devices. The HyperSound technology is a sound technology that delivers directional audio in commercial settings and consumer devices including clarity and comprehension for listeners with hearing loss. The Company markets its HyperSound technology to retailers and audio-visual integrators for commercial applications.