Ambac Financial Group Inc (AMBC) Files Form 4 Insider Buying : Tavakoli Nader Buys 20,000 Shares

Ambac Financial Group Inc (AMBC): Tavakoli Nader , CEO of Ambac Financial Group Inc purchased 20,000 shares on Jun 24, 2016. The Insider buying transaction was reported by the company on Jun 28, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.15 per share for a total value of $301,450.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 15, 2016, Tavakoli Nader (CEO) purchased 38,855 shares at $15.95 per share price.On Apr 7, 2016, Alexander David Greene (director) purchased 10,000 shares at $15.05 per share price.Also, On Jan 8, 2016, Jeffrey Scott Stein (director) purchased 4,500 shares at $12.88 per share price.

Shares of Ambac Financial Group (AMBC) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -0.26 points or -1.70% at $15.01 with 3,15,943 shares getting traded. Post opening the session at $15.14, the shares hit an intraday low of $14.76 and an intraday high of $15.59 and the price vacillated in this range throughout the day. The company has a market cap of $676 M and the number of outstanding shares has been calculated to be 4,50,46,996 shares. The 52-week high of Ambac Financial Group is $21.84 and the 52-week low is $11.92.

Ambac Financial Group Money Flow Index Chart

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