Marrone Bio Innovations Inc (MBII) Files Form 4 Insider Buying : Richard E Rominger Buys 10,000 Shares

Marrone Bio Innovations Inc (MBII): Richard E Rominger , director of Marrone Bio Innovations Inc purchased 10,000 shares on Jun 15, 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 $0.94 per share for a total value of $9,400.00 , 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 13, 2016, James Boyd (CFO) purchased 10,000 shares at $0.79 per share price.On Jun 13, 2016, George H Kerckhove (director) purchased 2,500 shares at $0.72 per share price.Also, On Jun 13, 2016, Timothy B Johnson (VP Field Development Technical) purchased 10,000 shares at $0.72 per share price.On Jun 13, 2016, Pamela G Marrone (CEO) purchased 5,000 shares at $0.71 per share price.

Shares of Marrone Bio Innovations Inc (MBII) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -3.61% at $0.8 with 85,864 shares getting traded. Post opening the session at $0.94, the shares hit an intraday low of $0.8 and an intraday high of $0.94 and the price vacillated in this range throughout the day. The company has a market cap of $20 M and the number of outstanding shares has been calculated to be 2,45,83,831 shares. The 52-week high of Marrone Bio Innovations Inc is $4 and the 52-week low is $0.6013.

Marrone Bio Innovations Inc Money Flow Index Chart

Marrone Bio Innovations Inc. is a provider of bio-based pest management and plant health products. Bio-based products are consists of naturally occurring microorganisms such as bacteria and fungi and plant extracts. As of August 1 2013 the Company’s three commercialized product lines target two core end markets: crop protection and water treatment. Crop protection products consist of herbicides fungicides nematicides insecticides and plant growth regulators that growers use to increase crop yields improve plant health manage pest resistance and reduce chemical residues. The Company’s products can be used in both conventional and organic crop production. The Company sells two crop protection product lines Regalia for plant disease control and plant health and Grandevo for insect and mite control to growers of specialty crops such as grapes citrus tomatoes vegetables nuts leafy greens and ornamental plants.

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