Rapid7, Inc. (RPD) Files Form 4 Insider Selling : Steven Gatoff Sells 15,000 Shares

Rapid7, Inc. (RPD): Steven Gatoff , Chief Financial Officer of Rapid7, Inc. sold 15,000 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $17.59 per share for a total value of $260,448.12 , 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, Corey E. Thomas (President and CEO) sold 10,000 shares at $18.42 per share price.On Sep 8, 2016, Lee David Weiner (Chief Product Officer) sold 15,000 shares at $18.29 per share price.

Shares of Rapid7 Inc (RPD) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -1.30% at $16.7 with 353,483 shares getting traded. Post opening the session at $16.88, the shares hit an intraday low of $16.59 and an intraday high of $17.01 and the price vacillated in this range throughout the day. The company has a market cap of $703 M and the number of outstanding shares has been calculated to be 42,074,697 shares. The 52-week high of Rapid7 Inc is $25.19 and the 52-week low is $9.05.

Rapid7 Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Rapid7 Inc is Initiated by Rosenblatt to Buy. The Rating was issued on Aug 26, 2016.

Rapid7 Inc. is a provider of security data and analytics solutions.The Company offers three solution groups: threat exposure management which includes its Nexpose Metasploit and AppSpider products; incident detection and response which include its UserInsight product and its incident response services and security advisory services. Its threat exposure management solutions reflect its evolution and enhancement of management tools to encompass a set of data including real-world threat information and analytics that facilitate systematic remediation. Its incident detection and response solutions offer customers a combination of product-based analytics as well as services to help detect attackers and respond to attacks once they are discovered. Its security advisory services help organizations implement and manage an analytics-driven security approach by looking at their security programs and providing them with advice related to prevention detection and correction.

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