Sajan Inc (SAJA) Files Form 4 Insider Buying : Shannon M Zimmerman Buys 1,000 Shares

Sajan Inc (SAJA): Shannon M Zimmerman , CEO of Sajan Inc purchased 1,000 shares on Jun 15, 2016. The Insider buying transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.30 per share for a total value of $4,300.00 , 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 8, 2016, Shannon M Zimmerman (CEO) purchased 216 shares at $4.38 per share price.On Jun 1, 2016, Benno G Sand (director) sold 750 shares at $4.50 per share price.Also, On May 26, 2015, Thomas P. Skiba (CFO) purchased 2,500 shares at $5.85 per share price.

Shares of Sajan (SAJA) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.3401 points or -7.64% at $4.11 with 5,123 shares getting traded. Post opening the session at $4.21, the shares hit an intraday low of $4.11 and an intraday high of $4.45 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 47,82,743 shares. The 52-week high of Sajan is $6.56 and the 52-week low is $2.45.

Sajan Money Flow Index Chart

Sajan Inc. is a provider of language translation solutions. The Company provides language translation services and technology solutions to companies located throughout the world particularly in the technology consumer products medical and life sciences financial services manufacturing and retail industries. It offers its solutions to translate sales and marketing materials packaging user manuals technical support and training documents product manuals instructions warnings and other product information into various languages. Its cloud-based technology delivers an online solution that can be offered on a modular basis. Transplicity is the brand name of Sajan’s technology solution which provides automation from start to finish and delivers personalization to its customers. Its SiteSync is a technology component that automates global Website translation and ongoing management. Its subsidiaries include Sajan Software Sajan Spain and Sajan Singapore.

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