Connecture Inc (CNXR): Jeff Surges , CEO of Connecture Inc purchased 75,000 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.69 per share for a total value of $126,456.28 , 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 14, 2016, Ezra Perlman (director) purchased 1,550,286 shares at $1.47 per share price.On Sep 3, 2015, Robert Douglas Schneider (CEO) purchased 6,500 shares at $7.13 per share price.
Connecture Inc: On Friday, Jun 10, 2016 heightened volatility was witnessed in Connecture Inc which led to swings in the share price. The shares opened for trading at $1.5 and hit $2.13 on the upside , eventually ending the session at $1.72, with a gain of 44.54% or 0.53 points. The heightened volatility saw the trading volume jump to 46,81,407 shares. The 52-week high of the share price is $11.99 and the company has a market cap of $38 M . The 52-week low of the share price is at $1.15.
Connecture Inc. provides a Web-based consumer shopping enrollment and retention platform for health insurance distribution. The Company operates through four segments: Enterprise/Commercial Enterprise/State Medicare and Private Exchange. The Enterprise/Commercial segment offers the Company’s insurance distribution solutions to health plans. The Enterprise/State segment offers the Company’s sales automation solutions to state Governments which allow its state Government customers to offer customized individual and small group exchanges. The Medicare segment offers Web-based Medicare plan comparison prescription drug comparison and enrollment tools for health plans pharmacy benefit managers pharmacies field marketing organizations and call centers. The Private Exchange segment offers defined-contribution benefit exchange solutions to benefit consultants brokers exchange operators and aggregators.