Nimble Storage Inc (NMBL) Files Form 4 Insider Buying : William John Schroeder Buys 7,500 Shares

Nimble Storage Inc (NMBL): William John Schroeder , director of Nimble Storage Inc purchased 7,500 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 $7.36 per share for a total value of $55,025.00 , 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, Suresh Vasudevan (Chief Executive Officer) sold 22,773 shares at $7.76 per share price.On Sep 14, 2016, Anup V Singh (Chief Financial Officer) sold 16,479 shares at $7.92 per share price.Also, On Sep 14, 2016, Denis Murphy (VP of Worldwide Sales) sold 4,050 shares at $7.79 per share price.On Sep 14, 2016, Varun Mehta (VP Product Operations) sold 13,282 shares at $7.79 per share price.

Shares of Nimble Storage Inc (NMBL) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.11 points or -1.47% at $7.35 with 7,24,848 shares getting traded. Post opening the session at $7.52, the shares hit an intraday low of $7.325 and an intraday high of $7.57 and the price vacillated in this range throughout the day. The company has a market cap of $625 M and the number of outstanding shares has been calculated to be 8,51,00,000 shares. The 52-week high of Nimble Storage Inc is $26.37 and the 52-week low is $5.64.

Nimble Storage Inc Money Flow Index Chart

Nimble Storage Inc. (Nimble Storage) engineers and delivers its customers with data storage platform. The Company has designed and sells a flash-optimized storage platform Adaptive Flash. With the combination of the Company’s file system Cache Accelerated Sequential Layout (CASL) and its cloud-based storage management and support service InfoSight the Company’s platform serves an array of enterprises and cloud-based service providers and the Company’s software and storage systems handle mainstream applications including virtual desktops databases e-mail collaboration and analytics. It enables information technology (IT) organizations to predict manage and deliver the storage required to improve business applications and workloads across their IT environments. Its end-customers span a range of industries such as cloud-based service providers education financial services healthcare manufacturing state and local government and technology.

Leave a Reply

Nimble Storage Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Nimble Storage Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.