Today, a Director at Ion Geophysical Corp (NYSE: IO), James Lapeyre, bought shares of IO for $635.1K.
Following James Lapeyre’s last IO Buy transaction on March 16, 2016, the stock climbed by 7.6%. Following this transaction James Lapeyre’s holding in the company was increased by 3.95% to a total of $19.56 million.
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Currently, Ion Geophysical Corp has an average volume of 168.6K.
Starting in March 2018, IO received 7 Buy ratings in a row. Four different firms, including Dougherty and Evercore ISI, currently also have a Buy rating on the stock.
The insider sentiment on Ion Geophysical Corp has been neutral according to 56 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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ION Geophysical Corp. is a technology focused company, which engages in the provision of geoscience technology, services, and solutions to the oil and gas industry. It operates through the following business segments: E&P Technology and Services, E&P Operations Optimization, and Ocean Bottom Seismic Services.
