The Edgewater Technology Inc. (EDGW) Insider Jeffrey L. Rutherford Buys 18,500 Shares

The Edgewater Technology Inc. (EDGW) Insider Jeffrey L. Rutherford Buys 18,500 Shares

Shares of Edgewater Technology Inc. (NASDAQ EDGW) opened at 7.12 on Monday. Edgewater Technology Inc. has a 52 week low of $6.22 and a 52 week high of $9.40. The stock’s market capitalization is $95.69 million. The stock’s 50 day moving average is $7.27 and its 200-day moving average is $7.12.

Edgewater Technology Inc. (NASDAQ:EDGW) insider Jeffrey L. Rutherford acquired 18,500 shares of the company’s stock in a transaction on Wednesday, May 10th. The shares were purchased at an average cost of $7.30 per share, with a total value of $135,050.00. Following the completion of the purchase, the insider now directly owns 50,000 shares of the company’s stock, valued at $365,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Separately, TheStreet lowered shares of Edgewater Technology from a “c” rating to a “d+” rating in a research note on Thursday, March 2nd. Edgewater Technology Company Profile

Edgewater Technology, Inc is a provider of transformational classic and product-based consulting services. The Company helps the C-suite drive transformational change through its selection of business and technology services, and channel-based solutions. The classic consulting disciplines (such as business advisory, process improvement, organizational change management, mergers and acquisitions (M&A) due diligence, and domain expertise) are blended with technical services (digital transformation, technical roadmaps, data and analytics services, custom development and system integration) to help organizations leverage investments in legacy information technology (IT) assets.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:EDGW”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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