Yesterday it was reported that the CEO of Orbcomm Inc (ORBC), Marc Eisenberg, exercised options to buy 75,460 ORBC shares for a total transaction value of $147.8K.
Following this transaction Marc Eisenberg’s holding in the company was increased by 24.06% to a total of $3.79 million. In addition to Marc Eisenberg, 4 other ORBC executives reported Buy trades in the last month.
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Currently, Orbcomm Inc has an average volume of 687.7K.
Starting in January 2018, ORBC received 19 Buy ratings in a row.
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ORBCOMM, Inc. engages in the provision of network connectivity, devices, device management, and web reporting applications. Its products are designed to track, monitor, control and enhance security for a variety of assets, such as heavy equipment; fixed asset monitoring; government and homeland security; and in industries for manufacturing, warehousing, and supply chain management. It operates through the following geographical segments: United States, South America, Japan, Europe, and Other. The company was founded on April 4, 2001 and is headquartered in Rochelle Park, NJ.
