Luna Innovations Inc (LUNA): Donald Pastor , director of Luna Innovations Inc purchased 7,200 shares on Jun 14, 2016. The Insider buying transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.18 per share for a total value of $8,532.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Dale E Messick (CFO) purchased 3,000 shares at $1.06 per share price.
Luna Innovations Incorporated: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Luna Innovations Incorporated which led to swings in the share price. The shares opened for trading at $1.18 and hit $1.24 on the upside , eventually ending the session at $1.2369, with a gain of 4.82% or 0.0569 points. The heightened volatility saw the trading volume jump to 1,15,450 shares. The 52-week high of the share price is $1.3 and the company has a market cap of $34 M . The 52-week low of the share price is at $0.7401.
Luna Innovations Incorporated develops manufactures and markets fiber optic sensing and test and measurement products. The Company is focused on bringing technology solutions to measure and monitor processes in the aerospace automotive energy composite telecommunications and defense industries. The Company operates in two business segments: Products and Licensing segment and Technology Development segment. The Products and Licensing segment develops manufactures and markets its fiber optic sensing as well as test and measurement products. The Technology Development segment performs applied research principally in the areas of sensing and instrumentation advanced materials and health sciences. Its product lines in the test and measurement domain include Optical Vector Analyzer (OVA) Optical Backscatter Reflectometer (OBR) and the Phoenix family of tunable lasers. Its test and measurement products monitor the integrity of fiber optic network components and sub-assemblies.