Skullcandy, Inc. (SKUL) Files Form 4 Insider Selling : Llc Ptarmagin, Sells 37,500 Shares

Skullcandy, Inc. (SKUL): Llc Ptarmagin, , 10% owner of Skullcandy, Inc. sold 37,500 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $4.55 per share for a total value of $170,625.00 , 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 17, 2016, Llc Ptarmagin, (10% owner) sold 37,500 shares at $4.51 per share price.On Jun 14, 2016, Rick Alden (director) sold 25,000 shares at $4.55 per share price.Also, On Nov 12, 2015, S Hoby Darling (CEO) purchased 5,000 shares at $4.34 per share price.On Nov 12, 2015, Patrick D Grosso (CHIEF LEGAL OFFICER) purchased 3,230 shares at $4.68 per share price.

Skullcandy Inc: On Friday, Jun 24, 2016 heightened volatility was witnessed in Skullcandy Inc which led to swings in the share price. The shares opened for trading at $5.65 and hit $5.76 on the upside , eventually ending the session at $5.76, with a gain of 23.08% or 1.08 points. The heightened volatility saw the trading volume jump to 1,23,48,633 shares. The 52-week high of the share price is $8.27 and the company has a market cap of $165 M . The 52-week low of the share price is at $2.75.

Skullcandy Inc Money Flow Index Chart

Skullcandy Inc. is a designer marketer and distributer of audio and gaming headphones earbuds speakers and other accessories under the Skullcandy Astro Gaming and 2XL brands. The Company’s products are sold and distributed through a variety of channels in the United States and approximately 80 countries across the world. The Company offers an array of styles and price points and includes audio products and categories such as gaming and sports performance women’s and Wireless offerings as well as partnerships with manufacturers to license its brand. The Company operates in two segments: Domestic and International. The Domestic segment consists of Skullcandy and Astro Gaming product sales to customers in the United States. International segment includes Skullcandy product sales to customers in Europe Asia Canada and Mexico which are served through the Company’s joint venture and other geographic areas outside the United States served by its International operations.

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