Turtle Beach Corp (HEAR): Carmine J Bonanno , 10% owner other of Turtle Beach Corp sold 59,912 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $0.96 per share for a total value of $56,992.86 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Carmine J Bonanno (10% owner other) sold 23,974 shares at $0.99 per share price.On May 27, 2016, Frederick J Romano (10% owner other) sold 30,000 shares at $1.00 per share price.Also, On Feb 8, 2016, Revocable Living Trus Doornink (other) purchased 500,000 shares at $1.00 per share price.On Feb 8, 2016, Juergen M. Stark (CEO) purchased 150,000 shares at $1.00 per share price.
Shares of Turtle Beach Corp (HEAR) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.005 points or -0.51% at $0.97 with 76,023 shares getting traded. Post opening the session at $0.98, the shares hit an intraday low of $0.92 and an intraday high of $0.98 and the price vacillated in this range throughout the day. The company has a market cap of $48 M and the number of outstanding shares has been calculated to be 4,92,29,502 shares. The 52-week high of Turtle Beach Corp is $3.72 and the 52-week low is $0.8301.
Turtle Beach Corporation (Turtle Beach) formerly Parametric Sound Corporation is an audio technology company. The Company is engaged in developing commercializing and marketing audio technologies under the Turtle Beach and HyperSound brands. The Company operates through two business segments: Voyetra Turtle Beach and HyperSound. The Turtle Beach brand is engaged in providing headset solutions for use across multiple platforms including video game and entertainment consoles handheld consoles personal computers tablets and mobile devices. The HyperSound technology is a sound technology that delivers directional audio in commercial settings and consumer devices including clarity and comprehension for listeners with hearing loss. The Company markets its HyperSound technology to retailers and audio-visual integrators for commercial applications.