Phunware Inc (NASDAQ:PHUN) CEO Alan S. Knitowski purchased 21,750 shares of the business’s stock in a transaction on Monday, August 19th. The shares were acquired at an average cost of $1.15 per share, with a total value of $25,012.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of PHUN traded down $0.07 during midday trading on Monday, reaching $1.19. 902,221 shares of the stock were exchanged, compared to its average volume of 511,765. Phunware Inc has a twelve month low of $1.11 and a twelve month high of $550.00. The firm has a 50 day moving average of $1.84.
Phunware (NASDAQ:PHUN) last posted its earnings results on Tuesday, August 13th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $5.51 million during the quarter.
Separately, ValuEngine raised Phunware from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.
Phunware Inc, together with its subsidiaries, provides Multiscreen-as-a-Service (Maas) and Data-as-a-Service (DaaS) enterprise software platform for mobile devices. Its platform enables brands to engage, manage, and monetize their mobile application portfolios. The company offers Cloud-Based Mobile Software Development Kits (SDKs), which include location-based services, mobile engagement, content management, messaging, advertising, and analytics; and mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application solutions.
Featured Story: Bear Market
Receive News & Ratings for Phunware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phunware and related companies with MarketBeat.com's FREE daily email newsletter.