Modsys International Ltd (MDSY) Files Form 4 Insider Buying : Pacific Advisors, Llc Columbia Buys 10,608 Shares

Modsys International Ltd (MDSY): Pacific Advisors, Llc Columbia , 10% owner of Modsys International Ltd purchased 10,608 shares on Sep 19, 2016. The Insider buying transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.22 per share for a total value of $13,129.50 , 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 15, 2016, Pacific Advisors, Llc Columbia (10% owner) purchased 12,618 shares at $1.28 per share price.

Shares of Modsys International Ltd (MDSY) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -6.40% at $1.17 with 6,603 shares getting traded. Post opening the session at $1.25, the shares hit an intraday low of $1.17 and an intraday high of $1.25 and the price vacillated in this range throughout the day. The company has a market cap of $22 M and the number of outstanding shares has been calculated to be 1,86,85,496 shares. The 52-week high of Modsys International Ltd is $2.43 and the 52-week low is $0.8352.

Modsys International Ltd Money Flow Index Chart

ModSys International Ltd. formerly BluePhoenix Solutions Ltd. develops and markets enterprise legacy migration solutions and provides tools and professional services to international markets. The Company’s technologies and services allow business to migrate from their legacy mainframe and distributed information technology (IT) infrastructures to modern environments and programming languages. The Company performs conversions of legacy mainframe applications written in Common Business Oriented Language (COBOL) CA GEN Natural and Programming Language 1 (PL/1) to Java and C# code. It performs conversions of legacy databases such as Integrated Database Management System (IDMS) Adaptable Data Base System (ADABAS) Virtual Storage Access Method (VSAM) IP Multimedia Subsystem (IMS) ICL to Structured Query Language (SQL) Server Oracle and DB2 environments. It sells Replatforming software that allows companies to modernize their databases from ADABAS to Oracle SQL Server or DB2.

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