Issuer Direct Corp (ISDR): Brian R Balbirnie , director officer 10% owner (Chief Executive Offic of Issuer Direct Corp sold 7,500 shares on Jun 24, 2016. The Insider selling transaction was reported by the company on Jun 28, 2016 to the Securities and Exchange Commission. The shares were sold at $5.89 per share for a total value of $44,175.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 14, 2015, Brian R Balbirnie (CEO) purchased 800 shares at $6.06 per share price.On Mar 31, 2015, J. Patrick Galleher (director) purchased 1,000 shares at $8.75 per share price.Also, On Jan 21, 2015, David Sandberg (10% owner director) sold 3,000 shares at $10.00 per share price.
Issuer Direct Corp: On Monday, Jun 27, 2016 heightened volatility was witnessed in Issuer Direct Corp which led to swings in the share price. The shares opened for trading at $6.1 and hit $6.1 on the upside , eventually ending the session at $6.1, with a gain of 1.67% or 0.1 points. The heightened volatility saw the trading volume jump to 1,001 shares. The 52-week high of the share price is $10.5 and the company has a market cap of $17 M . The 52-week low of the share price is at $4.875.
Issuer Direct Corporation is a provider of disclosure management solutions and cloud-based compliance technologies. The Company reports its product and services revenues in three revenue streams: Disclosure management Shareholder communications and Platforms and technology. The Company’s technology platform the Disclosure Management System (DMS) is a secure cloud based workflow compliance and communications system for corporate issuers funds and compliance professionals. The Company works with a client base in the financial services industry including brokerage firms banks and mutual funds. It also sells products and services to corporate issuers shareholders investor relations officers and professional firms such as investor relations public relations as well as to accountants and the legal community. It markets its financial reporting solutions primarily to public companies and mutual funds that seek a workflow automation platform to prepare various regulatory filings.