Zagg Inc (ZAGG) Files Form 4 Insider Buying : E Todd Heiner Buys 37,865 Shares

Zagg Inc (ZAGG): E Todd Heiner , director of Zagg Inc purchased 37,865 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.25 per share for a total value of $198,791.25 , 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 19, 2016, Bradley J Holiday (CFO) purchased 7,560 shares at $5.24 per share price.On Dec 3, 2015, Randall L Hales (President, CEO) sold 15,000 shares at $10.03 per share price.

Zagg Inc: On Thursday, May 19, 2016 heightened volatility was witnessed in Zagg Inc which led to swings in the share price. The shares opened for trading at $5.24 and hit $5.41 on the upside , eventually ending the session at $5.3, with a gain of 0.95% or 0.05 points. The heightened volatility saw the trading volume jump to 14,57,716 shares. The 52-week high of the share price is $12.74 and the company has a market cap of $149,015 M . The 52-week low of the share price is at $5.14.

Zagg Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Zagg Inc is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 10 from a previous price target of $13 . The Rating was issued on May 11, 2016.

Zagg Inc. (Zagg) designs produces and distributes product solutions. The Company offers screen protection keyboards for tablet computers and mobile devices keyboard cases earbuds mobile power solutions cables and cases under the ZAGG and InvisibleShield brands. In addition the Company designs produces and distributes earbuds headphones mobile power solutions Bluetooth speakers cases and cables for mobile devices under the iFrogz brand in the fashion and youth oriented lifestyle sector. The Company designs product solutions for users of mobile devices and sells these products to consumers through global distribution partners and online. The Company offers products for market segments of handheld electronic devices including smartphones tablets MP3 players notebook computers laptops gaming devices Global Positioning System (GPS) devices watch faces and similar devices and surfaces.

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