Nimble Storage Inc (NMBL) Files Form 4 Insider Selling : Varun Mehta Sells 13,282 Shares

Nimble Storage Inc (NMBL): Varun Mehta , VP Product Operations of Nimble Storage Inc sold 13,282 shares on Sep 12, 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 $7.79 per share for a total value of $103,409.66 , 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 8, 2016, Anup V Singh (Chief Financial Officer) sold 794 shares at $8.42 per share price.On Sep 8, 2016, Varun Mehta (VP Engineering) sold 1,647 shares at $8.36 per share price.Also, On Sep 8, 2016, Suresh Vasudevan (Chief Executive Officer) sold 8,321 shares at $7.92 per share price.On Sep 6, 2016, Jerry M Kennelly (director) sold 5,000 shares at $8.17 per share price.

Shares of Nimble Storage Inc (NMBL) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.32 points or -3.96% at $7.76 with 1,695,947 shares getting traded. Post opening the session at $7.94, the shares hit an intraday low of $7.555 and an intraday high of $7.9999 and the price vacillated in this range throughout the day. The company has a market cap of $653 M and the number of outstanding shares has been calculated to be 84,200,000 shares. The 52-week high of Nimble Storage Inc is $26.52 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.

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