Today it was reported that a Director at Virnetx Holding Corp (VHC), Thomas O’brien, exercised options to buy 10,000 VHC shares at $1.58 a share, for a total transaction value of $15.8K.
Following this transaction Thomas O’brien’s holding in the company was increased by 7.41% to a total of $774.3K. This is O’brien’s first transaction since reporting a Buy transaction on TA back in November 2011
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The Company has a Price to Book ratio of 26.5223. Currently, Virnetx Holding Corp has an average volume of 903.9K.
The insider sentiment on Virnetx Holding Corp has been positive according to 19 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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VirnetX Holding Corp. engages in the development of software and technology solutions for securing real-time communications over the Internet. Its patented Gabriel Connection Technology combines industry standard encryption protocols with patented techniques for automated domain name system, lookup mechanisms, enabling users to create a secure communication link using secure domain names. It provides the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, and remote desktop. The company was founded in August 5, 2005 and is headquartered in Zephyr Cove, NV.
