Yesterday it was reported that the EVP, Technology & Operations of Orbcomm Inc (ORBC), John Stolte, exercised options to buy 18,785 ORBC shares for a total transaction value of $82.79K.
This recent transaction increases John Stolte’s holding in the company by 22.95% to a total of $953.1K. In addition to John Stolte, 4 other ORBC executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Currently, Orbcomm Inc has an average volume of 687.7K.
Starting in January 2018, ORBC received 19 Buy ratings in a row.
John Stolte’s trades have generated a -3.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
