Pc Connection Inc (PCCC) Files Form 4 Insider Selling : David Hall Sells 1,000 Shares

Pc Connection Inc (PCCC): David Hall , director 10% owner of Pc Connection Inc sold 1,000 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $23.87 per share for a total value of $23,869.10 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Negrini David Beffa (director) sold 16,700 shares at $24.09 per share price.On Feb 10, 2016, Joseph Driscoll (Sr. VP, CFO and Treasurer) sold 4,725 shares at $22.18 per share price.Also, On Dec 1, 2015, Timothy J Mcgrath (President and CEO) sold 5,000 shares at $22.30 per share price.On Dec 1, 2015, David Hall (director 10% owner) sold 5,000 shares at $22.19 per share price.

Shares of PC CONNECTION COM (PCCC) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.25% at $23.84 with 54,809 shares getting traded. Post opening the session at $23.91, the shares hit an intraday low of $23.76 and an intraday high of $24.32 and the price vacillated in this range throughout the day. The company has a market cap of $632 M and the number of outstanding shares has been calculated to be 2,65,00,940 shares. The 52-week high of PC CONNECTION COM is $27.16 and the 52-week low is $19.1932.

PC CONNECTION COM Money Flow Index Chart

PC Connection Inc. is a provider of information technology (IT) solutions. The Company conducts its business operations through three business segments: small- to medium-sized businesses (SMB) Large Account and Public Sector. The SMB Segment serves small-to-medium-sized business customers through the Company’s PC Connection Sales subsidiary. The Large Account Segment offers a range of IT products and services to larger corporate customers through the Company’s MoreDirect subsidiary. The Public Sector Segment generates sales through outbound telemarketing and field sales contacts by sales representatives focused on the business educational healthcare and government markets; the Company’s Websites and inbound calls from customers responding to the Company’s catalogs and other advertising media.

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