Ebix Inc (EBIX): Hans Ueli Keller , director of Ebix Inc sold 3,684 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $45.49 per share for a total value of $167,585.16 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 29, 2016, Robert F Kerris (Chief Financial Officer) sold 1,211 shares at $39.57 per share price.On Mar 7, 2016, Hans U Benz (director) sold 7,464 shares at $40.95 per share price.Also, On Aug 13, 2015, Robin Raina (CEO) purchased 5,000 shares at $29.85 per share price.On May 26, 2015, Fondation Rennes (10% owner) purchased 14,400 shares at $37.35 per share price.
Ebix Inc: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Ebix Inc which led to swings in the share price. The shares opened for trading at $45.44 and hit $46.92 on the upside , eventually ending the session at $46.36, with a gain of 2.50% or 1.13 points. The heightened volatility saw the trading volume jump to 3,60,887 shares. The 52-week high of the share price is $49.92 and the company has a market cap of $1,519 M . The 52-week low of the share price is at $19.78.
Ebix Inc. (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry including carrier systems agency systems and exchanges as well as custom software development. Ebix conducts its operation through four channels: Exchanges Carrier Systems Broker Systems and Business Process Outsourcing. Ebix operates data exchanges in the areas of life insurance annuities employee health benefits risk management workers compensation and property and casualty (P&C) insurance. Ebix designs and deploys back-end systems for P&C insurance brokers across the world. Ebix also designs and deploys on-demand and back-end systems for P&C insurance companies. Ebix provides business process outsourcing services including project management and Risk Compliance Solutions (RCS) service offerings in the areas of insurance certificate creation and insurance certificate tracking.