Recent Insider Trading: GigaMedia Limited $GIGM

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GigaMedia Limited (GIGM) insider have most recently took part in a trading activity. On Sep 19, 2017 Huang Cheng-ming, CEO bought 100,000 shares having total worth of $299,000 at the price of $2.99 per share, following the transaction a total of 237,608 shares owned by Huang Cheng-ming. Before this latest buy, Huang Cheng-ming purchased GIGM at 2 other times during the past twelve months, for a total investment of $406,448 at an average of $2.97 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 3 times by insiders. an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 4.17%
12 Month 3 0 7.91%

Shares of GigaMedia Limited (GIGM) traded up 0.67% on Sep 19, 2017, hitting $3. 76,826 shares of the company’s stock traded hands. GigaMedia Limited has a 52 week low of $2.4 and a 52 week high of $3.52. The company’s market cap is $28 million.

GigaMedia Limited (GIGM) last announced its earnings results on Jul 31, 2017. The company reported 0.08 earnings per share (EPS) for the quarter. The company had revenue of $3 million for the quarter During the same quarter in the previous year, the company posted -0.19 earnings per share. The company’s revenue for the quarter was up 51% on a year-over-year basis.

2017-07-31 2017-04-24 2016-08-05 2016-03-24 2015-11-04 2015-08-05 2015-05-08 2015-04-10 2014-10-22 2014-07-29
earnings per share 0.08 -0.08 0.00 -0.81 -0.01 0.02 0.09 -0.60 -0.09 -0.05
Revenue(M) 3.12 2.04 0 2.36 2.01 2.73 3.16 3.38 2.5 2.47

GigaMedia Limited is a holding company was founded as Hoshin GigaMedia in October 1998. The Company through its subsidiaries, develops and licenses entertainment software and provides application services, owns and operates an online games portal, and provides broadband Internet access services. The Company’s entertainment software business is operated through its subsidiary CESL. The Company’s Taiwan online casual games business is operated through Hoshin GigaMedia. The Company’s Hong Kong and PRC online casual games business is operated through its subsidiary FunTown World Limited. The Company’s Taiwan broadband ISP businesses are operated through its subsidiary, Hoshin GigaMedia, which focuses on consumer users, and Hoshin GigaMedia’s subsidiary, Koos Broadband Telecom Co., Ltd., “KBT”, which focuses on corporate users. The Company’s software products are built upon modern Internet technologies capable of providing multi-player gaming platforms, powerful transaction engines, advanced risk management tools, comprehensive online marketing tools, sophisticated data mining and reporting utilities, intuitive graphical user interfaces and localization in 16 major languages including English, French, German, Italian, Spanish, Portuguese, Norwegian, Swedish, Danish, Dutch, Greek, Hebrew, Traditional Chinese, Simplified Chinese, Japanese and Korean. The Company’s software products are specially designed to enable its clients to manage the online entertainment properties and offer online entertainment to visitors of their online entertainment properties. The Company currently provides the following entertainment software products: Online Entertainment Management, these are tools that enable the company’s existing and potential clients to offer online entertainment software, monitor end-user behavior, and potentially to monetize the traffic and patronage generated by the end users; and Online Entertainment Modules, these are customizable entertainment modules that run on Microsoft Windows 95/98/NT/2000/ME/XP and feature a realistic 3-D environment, selectable background music, and local language interface.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.