Pdvwireless, Inc. (PDVW) Files Form 4 Insider Buying : Morgan E Obrien Buys 5,000 Shares

Pdvwireless, Inc. (PDVW): Morgan E Obrien , Vice Chairman of the Board of Pdvwireless, Inc. purchased 5,000 shares on Jun 16, 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 $20.96 per share for a total value of $104,812.50 , 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 15, 2016, John C Jr Sites (director) purchased 5,000 shares at $19.75 per share price.On Mar 2, 2016, Brian Mcauley (Chairman of the Board) purchased 2,500 shares at $28.19 per share price.Also, On Nov 18, 2015, John Pescatore (CEO) purchased 1,000 shares at $23.86 per share price.On Nov 16, 2015, Frank Creede (Chief Technology Officer) purchased 350 shares at $25.54 per share price.

pdvWireless Inc: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in pdvWireless Inc which led to swings in the share price. The shares opened for trading at $19.29 and hit $19.825 on the upside , eventually ending the session at $19.63, with a gain of 1.97% or 0.38 points. The heightened volatility saw the trading volume jump to 1,10,852 shares. The 52-week high of the share price is $45.99 and the company has a market cap of $281 M . The 52-week low of the share price is at $18.6.

pdvWireless Inc Money Flow Index Chart

pdvWireless Inc. formerly Pacific DataVision Inc. focuses on wireless industry and delivering its two-way radio services that include cloud-based mobile work-force management solutions. The Company provides end users with a true push-to-talk (PTT) experience which uses technology that helps business customers in field communication documentation and productivity to the next level. The Company also focuses on industry verticals with mobile workforce such as transportation distribution construction hospitality waste management and field service. The Company offers products such as DispatchPlus and pdvConnect. DispatchPlus is a cloud-based workforce management solution with features that are designed for dispatch-centric operations. The Company’s pdvConnect is a workforce management solution that offers businesses the opportunity to manage their field service workers.

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