Intercloud Systems, Inc. (ICLD) Files Form 4 Insider Buying : Mark E/nj Munro Buys 72,463 Shares

Intercloud Systems, Inc. (ICLD): Mark E/nj Munro , CEO of Intercloud Systems, Inc. purchased 72,463 shares on Jul 1, 2016. The Insider buying transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.69 per share for a total value of $49,999.47 , 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 6, 2016, Mark Durfee (director) purchased 72,463 shares at $0.69 per share price.On Jun 30, 2016, Mark E/nj Munro (CEO) purchased 62,500 shares at $0.80 per share price.Also, On Mar 20, 2015, Douglas R Shooker (10% owner) purchased 75,000 shares at $0.00 per share price.

InterCloud Systems Inc: On Tuesday, Jul 6, 2016 heightened volatility was witnessed in InterCloud Systems Inc which led to swings in the share price. The shares opened for trading at $0.66 and hit $0.69 on the upside , eventually ending the session at $0.6791, with a gain of 1.36% or 0.0091 points. The heightened volatility saw the trading volume jump to 1,17,560 shares. The 52-week high of the share price is $2.7 and the company has a market cap of $23 M . The 52-week low of the share price is at $0.4217.

InterCloud Systems Inc Money Flow Index Chart

InterCloud Systems Inc. is a provider of end-to-end information technology (IT) and next-generation network solutions. The Company operates in three segments: cloud and managed services; applications and infrastructure and professional services. Its cloud and managed services group offers enterprise and service-provider customers to adopt an operational expense model by outsourcing. Its professional services group offers a range of solutions to enterprise and service provider customers including application development teams analytics project management program management unified communications network management and field support services on a short and long-term basis. Its applications and infrastructure division offers enterprise and service provider customers specialty contracting services including engineering design installation and maintenance services that support the build-out and operation of some of the advanced small cell Wi-Fi and DAS networks.

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