Idi, Inc. (IDI) Files Form 4 Insider Buying : Michael Brauser Buys 3,000 Shares

Idi, Inc. (IDI): Michael Brauser , Executive Chairman of Idi, Inc. purchased 3,000 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.70 per share for a total value of $14,100.00 , 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 3, 2016, Ryan Schulke (director 10% owner other) purchased 10,000 shares at $4.89 per share price.On Jun 2, 2016, Michael Brauser (Executive Chairman) purchased 3,500 shares at $4.80 per share price.Also, On Jun 2, 2016, Matthew Conlin (10% owner other) purchased 5,000 shares at $4.86 per share price.On May 11, 2016, Gamma Investments Trust Frost (director 10% owner other) purchased 2,190,000 shares at $4.80 per share price.

Shares of IDI (IDI) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -2.67% at $4.73 with 2,52,280 shares getting traded. Post opening the session at $4.9, the shares hit an intraday low of $4.61 and an intraday high of $4.95 and the price vacillated in this range throughout the day. The company has a market cap of $222 M and the number of outstanding shares has been calculated to be 4,69,24,183 shares. The 52-week high of IDI is $12.8 and the 52-week low is $3.78.

IDI Money Flow Index Chart

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