Orion Energy Systems, Inc. (OESX) Files Form 4 Insider Buying : Marc Meade Buys 3,500 Shares

Orion Energy Systems, Inc. (OESX): Marc Meade , Executive Vice President of Orion Energy Systems, Inc. purchased 3,500 shares on Jun 8, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.43 per share for a total value of $4,999.05 , 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 8, 2016, Anthony L. Otten (director) purchased 1,000 shares at $1.35 per share price.On Jun 8, 2016, William T Hull (CFO) purchased 57,065 shares at $1.38 per share price.Also, On Jun 8, 2016, Marc Meade (Executive Vice President) purchased 3,500 shares at $1.43 per share price.On Feb 12, 2016, John H Scribante (CEO) purchased 10,000 shares at $1.33 per share price.

Orion Energy Systems: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Orion Energy Systems which led to swings in the share price. The shares opened for trading at $1.3499 and hit $1.42 on the upside , eventually ending the session at $1.38, with a gain of 4.55% or 0.06 points. The heightened volatility saw the trading volume jump to 1,29,713 shares. The 52-week high of the share price is $3.11 and the company has a market cap of $38 M . The 52-week low of the share price is at $1.1822.

Orion Energy Systems Money Flow Index Chart

Orion Energy Systems Inc. is a designer and manufacturer of energy efficient lighting platforms. The Company researches develops designs manufactures markets and implements energy management systems consisting of energy efficient commercial and industrial interior and exterior lighting systems and related services. The Company operates in three segments: U.S. Markets Engineered Systems and Distribution Services. The U.S. Markets division focuses on selling lighting solutions into the wholesale markets including domestic energy service companies (ESCOs) and electrical contractors. The Orion Engineered Systems focuses on selling lighting products and construction and engineering services direct to end users. Its products include The LED Door Retrofit (LDR) Interior LED High Bay Fixtures Exterior LED Fixtures The Compact Modular InteLite Dynamic Control Device Apollo Solar Light Pipe and others products. Its customers are national accounts Government municipal and schools.

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