Gse Systems Inc (GVP) Files Form 4 Insider Buying : Kyle Justin Loudermilk Buys 25,000 Shares

Gse Systems Inc (GVP): Kyle Justin Loudermilk , CEO of Gse Systems Inc purchased 25,000 shares on Jun 14, 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 $2.14 per share for a total value of $53,491.50 , 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 1, 2016, Bahram Meyssami (Chief Technology Officer) purchased 8,000 shares at $2.17 per share price.On May 27, 2016, Kyle Justin Loudermilk (CEO) purchased 30,592 shares at $2.15 per share price.Also, On May 27, 2016, Christopher D. Sorrells (COO) purchased 14,300 shares at $2.13 per share price.On May 23, 2016, Daniel Warren Pugh (SVP, General Counsel & RMO) purchased 5,000 shares at $2.19 per share price.

Shares of GSE SYSTEMS INC COM (GVP) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -2.75% at $2.12 with 86,521 shares getting traded. Post opening the session at $2.18, the shares hit an intraday low of $2.12 and an intraday high of $2.181 and the price vacillated in this range throughout the day. The company has a market cap of $38 M and the number of outstanding shares has been calculated to be 1,80,31,765 shares. The 52-week high of GSE SYSTEMS INC COM is $3.08 and the 52-week low is $1.281.

GSE SYSTEMS  INC COM Money Flow Index Chart

GSE Systems Inc. (GSE) is a performance improvement company. The Company operates in two segments: Performance Improvement Solutions and Staff Augmentation. Performance Improvement Solutions segment offers simulation training and engineering products and services. Staff Augmentation segment provides specialized workforce solutions to the nuclear industry working at its clients’ facilities. The Company’s subsidiaries include GSE Performance Solutions Inc.; GSE Power Systems AB a Swedish corporation; GSE Engineering Systems (Beijing) Co. Ltd. a Chinese limited liability company; GSE Systems Ltd. a Scottish limited liability company; EnVision Systems (India) Pvt. Ltd. an Indian limited liability company and Hyperspring LLC an Alabama limited liability company. The Company has a 50% interest in IntelliQlik LLC a Delaware limited liability company and a 50% interest in General Simulation Engineering RUS LLC a Russian closed joint-stock company.

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