Itus Corp (ITUS): Bruce F Johnson , director of Itus Corp purchased 900 shares on Jun 9, 2016. The Insider buying transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.31 per share for a total value of $2,979.00 , 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 10, 2016, Bruce F Johnson (director) purchased 500 shares at $3.60 per share price.On Jun 3, 2016, Henry P Herms (V.P., Finance & CFO) sold 2,000 shares at $3.26 per share price.Also, On Mar 8, 2016, Lewis H Jr Titterton (director) purchased 500 shares at $3.31 per share price.On Mar 2, 2016, Amit Kumar (director) purchased 2,000 shares at $2.46 per share price.
Shares of ITUS Corp (ITUS) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.30% at $3.32 with 531 shares getting traded. Post opening the session at $3.36, the shares hit an intraday low of $3.29 and an intraday high of $3.36 and the price vacillated in this range throughout the day. The company has a market cap of $29 M and the number of outstanding shares has been calculated to be 87,39,659 shares. The 52-week high of ITUS Corp is $8.95 and the 52-week low is $1.88.
ITUS Corporation formerly CopyTele Inc. is engaged in development acquisition licensing and enforcement of patented technologies that are either owned or controlled by the Company or one of its wholly owned subsidiaries. As on December 29 2014 the Company owns and controls eight patent portfolios including Encrypted Cellular Communication Internet Telephonic Gateway J-Channel Window Frame Construction Key Based Web Conferencing Encryption Micro Electro Mechanical Systems Display Nano Field Emission Display VPN Multicast Communications and Enhanced Auction Technologies. The Company monetizes its patented technologies and settles patent infringement lawsuits. The Company’s business model is Patent Monetization and Patent Assertion.