Interactive Intelligence Group, Inc. (ININ) Files Form 4 Insider Selling : Mark E Hill Sells 30,000 Shares

Interactive Intelligence Group, Inc. (ININ): Mark E Hill , director of Interactive Intelligence Group, Inc. sold 30,000 shares on Sep 8, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $60.30 per share for a total value of $1,809,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 14, 2016, Mark E Hill (director) sold 30,000 shares at $60.30 per share price.On Sep 9, 2016, Ashley A. Vukovits (Chief Financial Officer) sold 11,224 shares at $60.40 per share price.Also, On May 24, 2016, Edward Hamburg (director) sold 4,000 shares at $0.00 per share price.On Mar 3, 2016, Jeff M. Platon (Chief Marketing Officer) sold 880 shares at $31.54 per share price.

Interactive Intelligence Group Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Interactive Intelligence Group Inc which led to swings in the share price. The shares opened for trading at $60.16 and hit $60.6 on the upside , eventually ending the session at $60.55, with a gain of 0.88% or 0.53 points. The heightened volatility saw the trading volume jump to 294,506 shares. The 52-week high of the share price is $60.6 and the company has a market cap of $1,347 M . The 52-week low of the share price is at $21.42.

Interactive Intelligence Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Interactive Intelligence Group Inc is Downgraded by Craig Hallum to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Sep 2, 2016.Interactive Intelligence Group Inc is Downgraded by ROTH Capital to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Sep 1, 2016.Interactive Intelligence Group Inc is Downgraded by Northland Capital to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Sep 1, 2016.Interactive Intelligence Group Inc is Downgraded by First Analysis Sec to Equal-Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Sep 1, 2016.Interactive Intelligence Group Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 39 from a previous price target of $36 .The Rating was issued on Aug 1, 2016.

Interactive Intelligence Group Inc. is a provider of software and services for collaboration communications and customer engagement. The Company’s primary offering is its Customer Interaction Center (CIC) product suite a multichannel communications platform that can be deployed on-premises or through the cloud as Communications as a Service (CaaS). The Company is engaged in the contact center market where its software applications provide pre-integrated inbound and outbound communications functionality. The Company utilizes this same communications platform to provide solutions for unified communications workforce optimization and business process automation. Its solutions are applicable in various industries including tele-services insurance banking accounts receivable management utilities healthcare retail technology government and business services.

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