Ambac Financial Group Inc (AMBC) Files Form 4 Insider Buying : Tavakoli Nader Buys 38,855 Shares

Ambac Financial Group Inc (AMBC): Tavakoli Nader , CEO of Ambac Financial Group Inc purchased 38,855 shares on Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.95 per share for a total value of $620,896.38 , 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 20, 2016, Tavakoli Nader (CEO) purchased 16,400 shares at $16.05 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.

AMBAC FINANCIAL GROUP INC COM: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in AMBAC FINANCIAL GROUP INC COM which led to swings in the share price. The shares opened for trading at $15.71 and hit $15.95 on the upside , eventually ending the session at $15.75, with a gain of 0.64% or 0.1 points. The heightened volatility saw the trading volume jump to 1,45,331 shares. The 52-week high of the share price is $24.02 and the company has a market cap of $709 M . The 52-week low of the share price is at $11.92.

AMBAC FINANCIAL GROUP INC COM Money Flow Index Chart

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