Id Systems Inc (IDSY) Files Form 4 Insider Buying : Lloyd I Iii Miller Buys 500 Shares

Id Systems Inc (IDSY): Lloyd I Iii Miller , 10% owner of Id Systems Inc purchased 500 shares on Jun 22, 2016. The Insider buying transaction was reported by the company on Jun 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.75 per share for a total value of $2,375.00 , 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 14, 2016, Lloyd I Iii Miller (10% owner) purchased 4,972 shares at $5.01 per share price.On Aug 27, 2015, Kenneth S Ehrman (CEO) purchased 5,100 shares at $3.90 per share price.Also, On Aug 24, 2015, Norman Ellis (COO) purchased 5,000 shares at $3.91 per share price.On Jun 15, 2015, Ned Mavrommatis (Chief Financial Officer) sold 40,000 shares at $6.72 per share price.

Shares of I.D. Systems (IDSY) ended Tuesday, Jun 21, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.40% at $4.92 with 24,503 shares getting traded. Post opening the session at $4.99, the shares hit an intraday low of $4.91 and an intraday high of $5.01 and the price vacillated in this range throughout the day. The company has a market cap of $68 M and the number of outstanding shares has been calculated to be 1,38,18,094 shares. The 52-week high of I.D. Systems is $6.52 and the 52-week low is $3.01.

I.D. Systems Money Flow Index Chart

I.D. Systems Inc. (I.D. Systems) develops markets and sells wireless machine-to-machine (M2M) solutions for managing and securing enterprise assets which include industrial vehicles and transportation assets. The Company’s systems utilize radio frequency identification (RFID) Wi-Fi satellite or cellular communications and sensor technology and software to address the needs of organizations to control track monitor and analyze their assets. The Company focused its business activities on three primary applications: industrial fleet management transportation asset management and rental fleet management. The Company markets and sells its wireless solutions to a range of customers in the commercial and government sectors. Its customers operate in markets such as automotive manufacturing retail shipping freight transportation heavy industry wholesale distribution aerospace and defense homeland security and vehicle rental.

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