Insider Selling: Inventergy Global Inc (INVT) Major Shareholder Sells $342,200.00 in Stock
Inventergy Global Inc (NASDAQ:INVT) major shareholder Alfred Charles Murabito sold 236,000 shares of the stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $1.45, for a total transaction of $342,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Inventergy Global Inc (NASDAQ:INVT) opened at 0.80 on Monday. Inventergy Global Inc has a 52-week low of $0.71 and a 52-week high of $3.67. The stock’s market capitalization is $3.93 million. The company has a 50-day moving average of $1.52 and a 200-day moving average of $1.63.
Inventergy Global Company Profile
Inventergy Global, Inc is an intellectual property (IP) investment and licensing company. The Company offers clients a professional corporate licensing model for IP value creation. The Company’s Technical Lead and associated group works to understand the science and/or technology behind the patents of a particular portfolio, under the review of the Legal Lead and in support of the Business team.
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