Blue Nile Inc (NILE) Files Form 4 Insider Selling : Jon Sainsbury Sells 100 Shares

Blue Nile Inc (NILE): Jon Sainsbury , Chief Revenue Officer of Blue Nile Inc sold 100 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 15, 2016 to the Securities and Exchange Commission. The shares were sold at $30.00 per share for a total value of $3,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Michael J Potter (director) purchased 4,000 shares at $25.55 per share price.On Feb 19, 2016, Schoonenberg Robert G Van (director) purchased 1,000 shares at $27.22 per share price.Also, On Feb 10, 2016, Jon Sainsbury (President of International) sold 100 shares at $30.43 per share price.On Nov 24, 2015, Lauren Neiswender (General Counsel) sold 10,938 shares at $36.81 per share price.

Shares of Blue Nile Inc (NILE) ended Friday, Jul 15, 2016 session in red amid volatile trading. The shares closed down -0.2 points or -0.66% at $29.93 with 1,10,783 shares getting traded. Post opening the session at $30.18, the shares hit an intraday low of $29.77 and an intraday high of $30.33 and the price vacillated in this range throughout the day. The company has a market cap of $347 M and the number of outstanding shares has been calculated to be 1,16,08,967 shares. The 52-week high of Blue Nile Inc is $39 and the 52-week low is $22.33.

Blue Nile Inc Money Flow Index Chart

Blue Nile Inc. (Blue Nile) is an online retailer of diamonds and jewelry. The Company offers its products for sale through the Blue Nile Website in around 40 countries and territories across the world. The Company’s wholly owned subsidiaries include Blue Nile LLC (LLC) which serves the Company’s customers in the United States Canada and Asia Pacific; Blue Nile Worldwide Inc. which serves the Company’s customers in Europe; Blue Nile (Shanghai) Trading Co. Ltd. which serves the Company’s customers in China and Blue Nile Jewellery Ltd (Jewellery) which operates a customer service and fulfillment center in Dublin Ireland. The Company’s domestic sales consist of products delivered to customers within the United States and the Company’s international sales consist of products delivered to customers outside the United States.

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