Intermolecular Inc IMI:NASDAQ

Last Price$1.19NASDAQ Previous Close - Last Trade as of 4:00PM ET 8/16/19

Today's Change+0.005(0.42%)
Bid (Size)$1.15 (10)
Ask (Size)$1.19 (276)
Day Low / High$1.18 - 1.19
Volume110.2 K

Insider Sale at Intermolecular (IMI) Continues Selling Trend

10:18PM ET 5/09/2019 MT Newswires
A filing with the SEC today disclosed a substantial insider sale of Intermolecular shares as -- Redpoint Ventures II Lp, 10% Owner -- sold 2,500,000 shares in the company having a market value of approximately $2,925,000. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 409,942 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,909,942 shares and have averaged 969,981 shares per transaction over this time period.

Intermolecular insider trading represents a level of buy/sell trades that is above for the 82 peer company average over the last 90-day period. The Semiconductors peer group saw 180 buy/sell trades during this period for an average of 2.2 transactions per company. The number of shares per buy/sell trade for Intermolecular insiders was also higher. Within the peer group there were 1,418 shares purchased and 2,385,936 shares sold with company insiders disposing of 13,247 shares on average.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.