J2 Global, Inc. (JCOM): Steve P. Dunn , Chief Accounting Officer of J2 Global, Inc. sold 2,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $68.00 per share for a total value of $136,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 20, 2015, Nehemia Zucker (Chief Executive Officer) sold 6,663 shares at $81.00 per share price.On Nov 18, 2015, R Scott Turicchi (President and CFO) sold 15,000 shares at $78.57 per share price.Also, On Nov 5, 2015, Steve P. Dunn (Chief Accounting Officer) sold 566 shares at $80.16 per share price.
Shares of J2 Global Inc (JCOM) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.39 points or -0.57% at $67.46 with 2,61,814 shares getting traded. Post opening the session at $67.43, the shares hit an intraday low of $66.58 and an intraday high of $67.695 and the price vacillated in this range throughout the day. The company has a market cap of $3,285 M and the number of outstanding shares has been calculated to be 4,86,92,865 shares. The 52-week high of J2 Global Inc is $84.15 and the 52-week low is $55.43.
Company has been under the radar of several Street Analysts.J2 Global Inc is Upgraded by Citigroup to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 1, 2016.
j2 Global Inc. provides Internet services through two divisions: Business Cloud Services and Digital Media. The Business Cloud Services Division offers Internet fax virtual phone hosted e-mail e-mail marketing online backup unified communications and CRM solutions. It markets its services principally under the brand names eFax eVoice FuseMail Campaigner KeepItSafe Livedrive and Onebox and operates a messaging network spanning 49 countries on six continents. The Digital Media Division offers technology gaming and lifestyle content through its digital properties which include PCMag.com IGN.com AskMen.com Toolbox.com and others. The Digital Media Division also operates NetShelter Powered by BuyerBase an advanced digital ad targeting platform and Ziff Davis B2B a provider of research to enterprise buyers and leads to IT vendors.