Servicesource International, Inc. (SREV) Files Form 4 Insider Selling : Richard Campione Sells 18,625 Shares

Servicesource International, Inc. (SREV): Richard Campione , director of Servicesource International, Inc. sold 18,625 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $3.75 per share for a total value of $69,862.38 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 4, 2016, Richard Campione (director) sold 25,000 shares at $4.59 per share price.On Nov 19, 2015, Christopher Carrington (CEO) purchased 19,980 shares at $4.97 per share price.Also, On Jun 3, 2015, James C V Madden (director) sold 19,980 shares at $4.49 per share price.On May 18, 2015, Michael A Smerklo (director other) sold 38,340 shares at $4.49 per share price.

Servicesource International Inc: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Servicesource International Inc which led to swings in the share price. The shares opened for trading at $3.69 and hit $3.9 on the upside , eventually ending the session at $3.76, with a gain of 1.08% or 0.04 points. The heightened volatility saw the trading volume jump to 23,13,904 shares. The 52-week high of the share price is $6.15 and the company has a market cap of $321 M . The 52-week low of the share price is at $3.35.

Servicesource International Inc Money Flow Index Chart

ServiceSource International Inc. (ServiceSource) is a recurring revenue growth solutions provider. The Company addresses elements of customer success recurring revenue growth and renewal processes which include on-boarding adoption quoting up-sell cross sell retention and renewals as well as recurring revenue business intelligence for the Revenue Lifecycle. The Company provides managed services and cloud software processes. By integrating managed services cloud software and data the Company provides end-to-end management and optimization of the subscription and service-contract renewal process. The Company’s cloud offerings include: ServiceSource Revenue Analytics Renew OnDemand and the ServiceSource Customer Success application which automate and provide data-driven insights into these manual business processes. The Company operates in two segments: Managed Services and Cloud and Business Intelligence.

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