Connecture Inc (CNXR): Ezra Perlman , director of Connecture Inc purchased 72,143 shares on Sep 9, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.66 per share for a total value of $118,768.20 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 25, 2016, Ezra Perlman (director) purchased 443,593 shares at $1.65 per share price.On Jun 14, 2016, James P Purko (CFO) purchased 7,500 shares at $1.78 per share price.Also, On Jun 14, 2016, David A Sockel (Executive VP, Strat & Corp Dev) purchased 4,635 shares at $1.54 per share price.On Jun 14, 2016, A. John Ansay (director) purchased 25,000 shares at $1.58 per share price.
Connecture Inc (CNXR) witnessed a volatile trading activity on Monday Sep 12, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.65 and reached the intraday high at $1.69. The bulls started the profit booking and pushed the shares to intraday low of $1.65. The trading session was marked by a volume range of 28,328 shares exchanging hands. The 52-week high of the shares is $6.2615 and the 52-week low is $1.15. The market cap of the company stands at $37 M and there are 22,344,064 shares in public circulation.
Company has been under the radar of several Street Analysts.Connecture Inc is Downgraded by Morgan Stanley to Equal-Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Aug 9, 2016.Connecture Inc is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Strong Buy on the company shares. The Rating was issued on Aug 9, 2016.
Connecture Inc. provides a Web-based consumer shopping enrollment and retention platform for health insurance distribution. The Company operates through four segments: Enterprise/Commercial Enterprise/State Medicare and Private Exchange. The Enterprise/Commercial segment offers the Company’s insurance distribution solutions to health plans. The Enterprise/State segment offers the Company’s sales automation solutions to state Governments which allow its state Government customers to offer customized individual and small group exchanges. The Medicare segment offers Web-based Medicare plan comparison prescription drug comparison and enrollment tools for health plans pharmacy benefit managers pharmacies field marketing organizations and call centers. The Private Exchange segment offers defined-contribution benefit exchange solutions to benefit consultants brokers exchange operators and aggregators.