Gigamon Inc (GIMO): Ruettgers is First to Purchase


Michael C. Ruettgers, Director at Gigamon Inc (NYSE:GIMO) disclosed today the acquisition of 20,000 shares of common stock in two separate transactions worth 10,000 shares each at units prices of $14.0003 and $14.0411 on October 28 and 30, 2014. Those are the first transactions reported by Mr. Ruettgers this year, and he now owns a total of 20,000 shares.

Although small and large stock sales have been reported throughout the year, no other insider has been purchasing Gigamon Inc (NYSE:GIMO)’s stock this year. Thomas Ellis and Todd Hammer’s North Run Capital is the largest shareholding institution (amongst those we track) at Gigamon Inc (NYSE:GIMO) with 1,216,800 shares, valued at an estimate $23.2 million, after reporting no changes during the second filling period of 2014.

Gigamon Inc (NYSE:GIMO) developed a solution that delivers visibility and control of traffic across networks, consisting of distributed network appliances that provide an advanced level of network traffic intelligence.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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