Vringo (VRNG) Ticks Higher on Positive Sentiment, Insider Trade
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Vringo (AMEX: VRNG) shares are ticking higher Monday morning on a few positive indicators over the weekend.
According to a Form 4 filed with the U.S. SEC late Friday night, Director Seth Siegel exercised options on 13,333 shares of Vringo stock for about $1.50 each. That transaction was made October 18th, with the options set to expire on October 30th. None of the acquired shares were sold and Siegel holds about 379,678 shares of Vringo at last check.
There was also a positive SeekingAlpha article highlighting hedge funds that hold Vringo shares. Included at Highbridge Capital, Millenium Management, and Ken Griffin's Citadel. Mark Cuban is also a notable holder of Vringo shares. Much of the information was from 13F filings, made quarterly by hedge funds.
Shares are up about 1 percent in early trading.
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According to a Form 4 filed with the U.S. SEC late Friday night, Director Seth Siegel exercised options on 13,333 shares of Vringo stock for about $1.50 each. That transaction was made October 18th, with the options set to expire on October 30th. None of the acquired shares were sold and Siegel holds about 379,678 shares of Vringo at last check.
There was also a positive SeekingAlpha article highlighting hedge funds that hold Vringo shares. Included at Highbridge Capital, Millenium Management, and Ken Griffin's Citadel. Mark Cuban is also a notable holder of Vringo shares. Much of the information was from 13F filings, made quarterly by hedge funds.
Shares are up about 1 percent in early trading.
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VRNG
warry B on Oct 22, 2012 10:48 AMMark as Spam | Reply to this comment
seems to be selling off hard for days