Barnes & Noble Inc (BKS) Files Form 4 Insider Selling : Frederic Argir Sells 17,377 Shares

Barnes & Noble Inc (BKS): Frederic Argir , Chief Digital Officer of Barnes & Noble Inc sold 17,377 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $11.59 per share for a total value of $201,420.28 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 15, 2016, Scott S Cowen (director) purchased 5,000 shares at $8.28 per share price.On Sep 14, 2015, Leonard Riggio (director officer 10% owner (Chairman of the Board) purchased 1,000,000 shares at $12.57 per share price.Also, On Jul 10, 2015, Jaime Carey (Chief Operating Officer) sold 25,000 shares at $26.83 per share price.On Jul 8, 2015, Paul B Guenther (director) purchased 4,000 shares at $26.11 per share price.

Barnes & Noble: On Monday, Sep 12, 2016 heightened volatility was witnessed in Barnes & Noble which led to swings in the share price. The shares opened for trading at $11.46 and hit $11.95 on the upside , eventually ending the session at $11.87, with a gain of 3.13% or 0.36 points. The heightened volatility saw the trading volume jump to 1,289,186 shares. The 52-week high of the share price is $13.89 and the company has a market cap of $869 M . The 52-week low of the share price is at $7.25.

Barnes & Noble Money Flow Index Chart

Company has been under the radar of several Street Analysts.Barnes & Noble is Initiated by Sidoti to Neutral. The Rating was issued on Aug 18, 2016.Barnes & Noble is Downgraded by Gabelli & Co to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 17, 2016.

Barnes & Noble Inc. is a retailer of content digital media and educational products. The Company’s segments include Barnes & Noble Retail (B&N Retail) and NOOK. The Company is a content commerce and technology company which provides access to trade books textbooks magazines newspapers and other content across its multi-channel distribution platform. The Company’s principal business is the sale of trade books (generally hardcover and paperback consumer titles) mass market paperbacks (such as mystery romance science fiction and other fiction) children’s books eBooks and other digital content textbooks and course-related materials NOOK and related accessories bargain books magazines gifts emblematic apparel and gifts school and dorm supplies cafe products and services educational toys and games music and movies direct to customers through its bookstores or on The Company operates approximately 648 bookstores in around 50 states.

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