Mavenir Systems Inc (NASDAQ:MVNR) Director Ammar Hanafi purchased 2,000 shares of the stock in a transaction dated Thursday, May 15th. The stock was purchased at an average cost of $13.63 per share, for a total transaction of $27,260.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $136,300. Mavenir Systems Inc (NYSE:MVNR) net profit margin is -15.00% and weekly performance is 1.00%. On last trading day company shares ended up $14.17. Analysts mean target price for the company is $18.25. Mavenir Systems Inc (NYSE:MVNR) distance from 50-day simple moving average (SMA50) is -11.16%.
Gogo Inc (NASDAQ:GOGO) CEO Michael Small bought 30,000 shares of Gogo stock on the open market in a transaction that occurred on Wednesday, May 14th. The shares were purchased at an average price of $12.96 per share, for a total transaction of $388,800.00. Following the transaction, the chief executive officer now directly owns 117,919 shares in the company, valued at approximately $1,528,230. Gogo Inc (NASDAQ:GOGO) shares advanced 5.31% in last trading session and ended the day on $13.68. Gross Margin is 47.90% and its return on assets is -23.70%. Gogo Inc (NASDAQ:GOGO) quarterly performance is -31.15%.
Extreme Networks, Inc (NASDAQ:EXTR) a leading provider of high performance network solutions, announced that Chuck Berger, President and CEO, will provide a company overview at The J.P. Morgan Global Technology, Media and Telecom Conference on Wednesday, May 21, at 9:20 a.m. EDT Extreme Networks, Inc (NASDAQ:EXTR) shares moved up 1.49% in last trading session and was closed at $4.09, while trading in range of $3.94 – $4.20. Extreme Networks, Inc (NASDAQ:EXTR) year to date (YTD) performance is -41.40%.
The Board of Directors of Intevac, Inc. (NASDAQ:IVAC) voted to increase the size of the Board from eight to nine directors and appointed Marc T. Giles to fill the newly created seat. In connection with his appointment to the Board, Mr. Giles was appointed to the Audit Committee. Mr. Giles will receive the same compensation and indemnification as the Company’s other non-employee directors. Intevac, Inc. (NASDAQ:IVAC) ended the last trading day at $7.17. Company weekly volatility is calculated as 5.07% and price to cash ratio as 2.48. Intevac, Inc. (NASDAQ:IVAC) showed a positive weekly performance of 5.13%.
Infinera Corporation (NASDAQ:INFN), provider of Intelligent Transport Networks™, announced the appointment of James Dolce to the board of directors of Infinera. Mr. Dolce recently joined Lookout, Inc., a mobile security company as chief executive officer (CEO). Prior to this role, Mr. Dolce helped steer numerous telecommunications technology companies through rapid growth phases including as an executive at Akamai Technologies, founder and CEO of Verivue, founder and CEO of Unisphere Networks and EVP Worldwide Sales and Marketing at Juniper Networks, who acquired Unisphere in 2002. Mr. Dolce played a key role in growing Juniper to a multi-billion-dollar revenue run rate from 2002-2006. Infinera Corp. (NASDAQ:INFN) net profit margin is -3.80% and weekly performance is 0.97%. On last trading day company shares ended up $8.34. Analysts mean target price for the company is $12.72. Infinera Corp. (NASDAQ:INFN) distance from 50-day simple moving average (SMA50) is -5.41%.