Sito Mobile Ltd (SITO) was Initiated by Maxim Group to “Buy” and the brokerage firm has set the Price Target at $8. Maxim Group advised their investors in a research report released on Jun 13, 2016.
In a different news, on Sep 1, 2015, Betsy J Bernard (director) purchased 8,000 shares at $3.88 per share price. According to the SEC, on Aug 27, 2015, Joseph Beatty (director) purchased 19,965 shares at $3.56 per share price. On Aug 24, 2015, Philip B Livingston (director) purchased 2,856 shares at $3.47 per share price, according to the Form-4 filing with the securities and exchange commission.
SITO Mobile Ltd. is a technology-based mobile solutions provider serving businesses advertisers and brands. The Company offerings include SITO location-based advertising and SITO mobile messaging. It offers FollowMe which is a location-based mobile application advertisers targeting service. FollowMe provides a product to deliver location-based mobile advertisements directly to consumers’ smartphones for retailers and advertisers. Its SITO location-based advertising platform delivers display advertisements and videos on behalf of advertisers including geo-fencing; Verified Walk-in; behavioral targeting and analytics and optimization. Its SITO mobile messaging includes a platform for building and controlling tailored programs including messaging and customer incentive programs. SITO mobile messaging platform creates a direct channel to customers; builds customer loyalty; drive consumer interaction to increase sale and offers Everywhere a campaign management platform.