Cui Global, Inc. (CUI): Thomas A Price , director of Cui Global, Inc. purchased 1,600 shares on Jun 3, 2016. The Insider buying transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.89 per share for a total value of $9,424.00 , 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 2, 2016, William J Clough (CEO) purchased 1,000 shares at $5.70 per share price.On May 31, 2016, Daniel Ned Ford (CFO) purchased 500 shares at $5.86 per share price.Also, On May 29, 2015, Thomas A Price (director) purchased 10,000 shares at $5.34 per share price.On May 19, 2015, Matthew Murdock Mckenzie (Corporate Secretary) purchased 2,000 shares at $5.29 per share price.
CUI Global Inc: On Friday, Jun 3, 2016 heightened volatility was witnessed in CUI Global Inc which led to swings in the share price. The shares opened for trading at $5.85 and hit $5.96 on the upside , eventually ending the session at $5.89, with a gain of 0.68% or 0.04 points. The heightened volatility saw the trading volume jump to 1,15,269 shares. The 52-week high of the share price is $9.42 and the company has a market cap of $123 M . The 52-week low of the share price is at $4.12.
Company has been under the radar of several Street Analysts.CUI Global Inc is Reiterated by Dougherty & Company to Buy while Lowering the Price Target of the company shares to $ 9 from a previous price target of $10 . The Rating was issued on May 11, 2016.
CUI Global Inc. is a technology company. The Company operates through its three subsidiaries: CUI Inc. CUI Japan and Orbital Gas Systems Limited (Orbital). The Company operates through three segments: Power and Electro-Mechanical Gas and Other. CUI Inc. and CUI Japan are providers of electronic components including power supplies transformers converters connectors and industrial controls for Original Equipment Manufacturers (OEMs). Orbital is a natural gas systems integrator in the United Kingdom. The Company’s Power and Electro-Mechanical segment is focused on the operations of CUI Inc. and CUI Japan for the sale of internal and external power supplies and related components industrial controls and test and measurement devices. The Company’s Gas segment is focused on the operations of Orbital Gas Systems Limited which includes gas related test and measurement systems including the GasPT2.