Wall Street Zen upgraded shares of Lyntris (NYSE:LYNX – Free Report) to a hold rating in a research report released on Saturday,Wall Street Zen reports.
Lyntris Trading Down 3.3%
NYSE LYNX opened at $13.60 on Friday. Lyntris has a 52 week low of $12.96 and a 52 week high of $16.00.
Insider Activity at Lyntris
In related news, Director Brian Raduenz sold 98,445 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $16.45, for a total value of $1,619,420.25. Following the completion of the transaction, the director directly owned 177,203 shares of the company’s stock, valued at approximately $2,914,989.35. This trade represents a 35.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brian Morrison sold 186,752 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $16.45, for a total transaction of $3,072,070.40. Following the completion of the transaction, the chief executive officer directly owned 1,286,983 shares of the company’s stock, valued at approximately $21,170,870.35. This trade represents a 12.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,912,282 shares of company stock worth $155,357,039 in the last ninety days.
Lyntris Company Profile
Lyntris Inc is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Lyntris Inc is based in WASHINGTON.
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