Somewhat Positive News Coverage Somewhat Unlikely to Affect Gigamon (GIMO) Share Price

Media headlines about Gigamon (NYSE:GIMO) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gigamon earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 47.2285707337955 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

In other news, Director Ted C. Ho sold 30,000 shares of the firm’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $38.51, for a total value of $1,155,300.00. Following the transaction, the director now owns 16,919 shares of the company’s stock, valued at $651,550.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 4.50% of the stock is owned by company insiders.

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About Gigamon

Gigamon Inc offers a solution that delivers visibility and control of data-in-motion traversing enterprise, federal and service provider networks. The Company’s Visibility Platform consists of a distributed system of nodes (that in combination establish a Visibility Fabric). The Visibility Platform includes physical appliances and virtual nodes that can be deployed in data centers, central offices, virtualized/private cloud/public cloud environments, and small form-factor remote site appliances, which in combination enable pervasive visibility of network infrastructures.

Insider Buying and Selling by Quarter for Gigamon (NYSE:GIMO)

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