Analyst Activity – Canaccord Genuity Lowers Its Price Target On ORBCOMM (NASDAQ:ORBC) to $15.00

Analyst Ratings For ORBCOMM (NASDAQ:ORBC)

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Today, Canaccord Genuity lowered its price target on ORBCOMM (NASDAQ:ORBC) to $15.00 per share.

Some recent analyst ratings include

  • 2/2/2018-Roth Capital initiated coverage with a Buy rating.
  • 4/25/2017-Benchmark initiated coverage with a Buy rating.
  • 3/2/2017-Chardan Capital Reiterated Rating of Buy.
  • 10/31/2016-Macquarie initiated coverage with a Neutral rating.

Recent Insider Trading Activity For ORBCOMM (NASDAQ:ORBC)
ORBCOMM (NASDAQ:ORBC) has insider ownership of 9.50% and institutional ownership of 79.29%.

  • On 1/5/2018 Constantine Milcos, SVP, sold 1,092 with an average share price of $10.91 per share and the total transaction amounting to $11,913.72.
  • On 1/5/2018 Craig Malone, EVP, sold 7,923 with an average share price of $10.89 per share and the total transaction amounting to $86,281.47.
  • On 1/5/2018 Marc Eisenberg, CEO, sold 23,960 with an average share price of $10.89 per share and the total transaction amounting to $260,924.40.
  • On 1/5/2018 Robert G Costantini, CFO, sold 11,019 with an average share price of $10.89 per share and the total transaction amounting to $119,996.91.
  • On 12/1/2017 Jerome B. Eisenberg, Director, sold 7,000 with an average share price of $10.67 per share and the total transaction amounting to $74,690.00.
  • On 11/29/2017 John J. Stolte, Jr., EVP, sold 39,230 with an average share price of $10.45 per share and the total transaction amounting to $409,953.50.
  • On 11/1/2017 Jerome B Eisenberg, Director, sold 7,000 with an average share price of $11.46 per share and the total transaction amounting to $80,220.00.

Recent Trading Activity for ORBCOMM (NASDAQ:ORBC)
Shares of ORBCOMM closed the previous trading session at 10.02 up +0.43 4.48% with 752398 shares trading hands.

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