Usa Technologies Inc (USAT) Files Form 4 Insider Buying : William J. Jr. Reilly Buys 1,000 Shares

Usa Technologies Inc (USAT): William J. Jr. Reilly , director of Usa Technologies Inc purchased 1,000 shares on Sep 14, 2016. The Insider buying transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.91 per share for a total value of $4,910.00 , 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 15, 2015, James Duncan Smith (CFO) purchased 7,500 shares at $2.98 per share price.On Jun 16, 2015, Albin F Moschner (director) sold 7,065 shares at $3.03 per share price.Also, On Feb 19, 2015, William J. Jr. Reilly (director) purchased 4,400 shares at $2.25 per share price.

Shares of USA Technologies (USAT) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -3.10% at $4.69 with 402,724 shares getting traded. Post opening the session at $4.82, the shares hit an intraday low of $4.59 and an intraday high of $4.8549 and the price vacillated in this range throughout the day. The company has a market cap of $172 M and the number of outstanding shares has been calculated to be 36,734,629 shares. The 52-week high of USA Technologies is $5.3 and the 52-week low is $2.13.

USA Technologies Money Flow Index Chart

USA Technologies Inc. provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale market. The Company is a provider in the small ticket beverage and food vending industry and is also engaged in offering solutions and services to other market segments such as amusement commercial laundry kiosk and others. It has designed and marketed systems and solutions that facilitate electronic payment options as well as telemetry and machine-to-machine services which include the ability to remotely monitor control and report on the results of distributed assets containing its electronic payment solutions. The Company derives its revenues from license and transaction fees resulting from connections to as well as services provided by its ePort Connect service. Its customers range from global food service organizations to small businesses that operate in the self-serve and small ticket retail markets.

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