PCM Inc (PCMI) is Initiated by ROTH Capital to Buy, Price Target at $16

PCM Inc (PCMI) was Initiated by ROTH Capital to “Buy” and the brokerage firm has set the Price Target at $16. ROTH Capital advised their investors in a research report released on Jul 21, 2016.

PCM Inc opened for trading at $11.43 and hit $11.5 on the upside on Wednesday, eventually ending the session at $11.48, with a gain of 0.44% or 0.05 points. The heightened volatility saw the trading volume jump to 15,652 shares. Company has a market cap of $133 M.

In a different news, on Mar 4, 2016, Robert I Newton (EVP, General Counsel) sold 5,500 shares at $8.32 per share price. According to the SEC, on Mar 1, 2016, Frank F Khulusi (CEO) purchased 12,038 shares at $7.68 per share price. On May 11, 2015, Ronald B Reck (director) sold 10,000 shares at $9.83 per share price, according to the Form-4 filing with the securities and exchange commission.

PCM Inc. is a technology solutions provider company. The Company provides technology products services and solutions through its sales force and field service teams direct marketing channels and a range of retail stores. The Company offers technology products and solutions as well as consumer electronics equipment and other consumer products. The Company had three operating segments such as Commercial Public Sector and MacMall. It sells primarily to customers in the United States and maintains offices throughout the United States and maintains offices throughout the United States as well as in Montreal Canada and Manila Philippines. It serves its customers by offering products and services from brands such as Apple Cisco Dell HP Ingram Micro Lenovo Microsoft and Tech Data.


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