Inteliquent, Inc. (IQNT) Files Form 4 Insider Selling : Rian J. Wren Sells 44,949 Shares

Inteliquent, Inc. (IQNT): Rian J. Wren , director of Inteliquent, Inc. sold 44,949 shares on Jul 18, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $20.21 per share for a total value of $908,275.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 15, 2016, Rian J. Wren (director) sold 45,000 shares at $20.44 per share price.On Jun 15, 2016, John M Schoder (EVP & Chief Marketing Officer) sold 4,807 shares at $18.25 per share price.Also, On May 17, 2016, Richard Monto (GC & Corporate Secretary) sold 5,000 shares at $16.88 per share price.On May 5, 2016, Edward Greenberg (director) sold 1,000 shares at $15.83 per share price.

Shares of Inteliquent Inc (IQNT) ended Monday, Jul 18, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -1.22% at $20.27 with 2,27,019 shares getting traded. Post opening the session at $20.45, the shares hit an intraday low of $20.16 and an intraday high of $20.68 and the price vacillated in this range throughout the day. The company has a market cap of $691 M and the number of outstanding shares has been calculated to be 3,40,80,588 shares. The 52-week high of Inteliquent Inc is $23.2 and the 52-week low is $14.56.

Inteliquent Inc Money Flow Index Chart

Inteliquent Inc. is a provider of wholesale voice services for carriers and service providers. The Company offers voice telecommunications services using an all-Internet Protocol (IP) network which enables to deliver connectivity for a variety of media including voice and historically data and video. The Company’s solutions enable carriers and other providers to deliver voice traffic or other services where they do not have their own network. The Company provides voice interconnection services primarily to carriers including wireless wireline cable and broadband telephony companies. Its voice services allow carriers to exchange local and long distance traffic between their networks. The Company’s service offering includes managing network capacity between tandem switches and customers’ switches for improved network quality and reduced call blocking. The Company also provides customers with invoices management reports and call detail records in paper and electronic formats.

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