Sito Mobile, Ltd. (SITO) Files Form 4 Insider Selling : Nicole Braun Sells 16,800 Shares

Sito Mobile, Ltd. (SITO): Nicole Braun , 10% owner of Sito Mobile, Ltd. sold 16,800 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $4.01 per share for a total value of $67,075.66 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Nicole Braun (10% owner) sold 152,872 shares at $2.81 per share price.On Sep 1, 2015, Betsy J Bernard (director) purchased 8,000 shares at $3.88 per share price.Also, On Aug 27, 2015, Joseph Beatty (director) purchased 19,965 shares at $3.56 per share price.On Aug 24, 2015, Philip B Livingston (director) purchased 2,856 shares at $3.47 per share price.

Company has been under the radar of several Street Analysts.Sito Mobile Ltd is Initiated by Craig Hallum to Buy. The Rating was issued on Jul 6, 2016.

SITO Mobile Ltd. is a technology-based mobile solutions provider serving businesses advertisers and brands. The Company offerings include SITO location-based advertising and SITO mobile messaging. It offers FollowMe which is a location-based mobile application advertisers targeting service. FollowMe provides a product to deliver location-based mobile advertisements directly to consumers’ smartphones for retailers and advertisers. Its SITO location-based advertising platform delivers display advertisements and videos on behalf of advertisers including geo-fencing; Verified Walk-in; behavioral targeting and analytics and optimization. Its SITO mobile messaging includes a platform for building and controlling tailored programs including messaging and customer incentive programs. SITO mobile messaging platform creates a direct channel to customers; builds customer loyalty; drive consumer interaction to increase sale and offers Everywhere a campaign management platform.

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