Exa Corp (EXA): Stephen A. Remondi , CEO and President of Exa Corp sold 4,001 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $11.46 per share for a total value of $46,091.30 , 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 3, 2016, Stephen A. Remondi (CEO and President) sold 5,999 shares at $11.86 per share price.On Apr 5, 2016, Hudong Chen (Chief Scientific Ofc., Sr. VP) sold 10,000 shares at $12.93 per share price.Also, On Mar 16, 2016, James E. Hoch (Sr. VP of Software Development) sold 8,000 shares at $11.50 per share price.On Jan 7, 2016, Wayne D Mackie (director) purchased 5,000 shares at $11.58 per share price.
Exa Corp: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Exa Corp which led to swings in the share price. The shares opened for trading at $11.5 and hit $12.07 on the upside , eventually ending the session at $11.91, with a gain of 0.76% or 0.09 points. The heightened volatility saw the trading volume jump to 31,616 shares. The 52-week high of the share price is $13.9 and the company has a market cap of $175 M . The 52-week low of the share price is at $9.02.
Exa Corporation develops sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market including manufacturers in the passenger vehicle highway truck off-highway vehicle and train markets as well as their suppliers. Its core product PowerFLOW is a software solution for simulating fluid flow problems including aerodynamics thermal management and aeroacoustics or wind noise. PowerFLOW uses its Digital Physics technology that enables it to predict fluid flows. PowerFLOW directly simulates unpredictable turbulent scales. The PowerFLOW software suite includes the simulation engine and grid generation engine along with pre- and post-processing software products. Its products include PowerDELTA with PowerCLAY PowerCASE PowerTHERM PowerCOOL PowerINSIGHT PowerVIZ PowerACOUSTICS and ExaCLOUD Simulation Platform.