Insider Trading Alert: Telkonet Inc. $TKOI

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Telkonet Inc. (OTCBB:TKOI) insider have most recently took part in a trading activity. On Dec 29, 2017 Kross Peter T, Director bought 200,000 shares having total worth of $24,000 at the price of $0.12 per share, following the transaction a total of 5,290,454 shares owned by Kross Peter T. Before this latest buy, Kross Peter T purchased TKOI at 2 other times during the past twelve months, for a total investment of $48,791 at an average of $0.16 per share.

Furthermore, over the past 12 months , the stock was traded 10 times by insiders. an employee of the company was the buyer in 10 instances.

Shares of Telkonet Inc. (OTCBB:TKOI) traded up 11.61% on Dec 29, 2017, hitting $0.13. 289,767 shares of the company’s stock traded hands. Telkonet Inc. has a 52 week low of $0.11 and a 52 week high of $0.25. The company’s market cap is $0 million.

Telkonet, Inc., was formed in 1999 and incorporated under the laws of the state of Utah. The Company provides comprehensive savings, management and reporting of a building’s room-by-room energy consumption. Its energy management products are currently installed in over 200,000 rooms in properties within the hospitality, military, educational and healthcare markets. The EcoSmart technology platform is a solution-provider for reducing energy consumption, carbon footprints, and eliminating the need for new energy generation. EcoSmart offers a product suite capable of creating a network of in-room energy management devices that can be configured to meet the requirements of building environments. The Company offers a modular approach that can be scaled from small deployments to portfolios of large properties. Its EcoSmart energy management technology is an intelligent and advanced solution designed to deliver at all levels by controlling a building’s HVAC usage and improving energy efficiency one room at a time, all data is presented on room-by-room basis, allowing very granular management of in-room energy use and environmental conditions. EcoSmart is an energy management system that delivers optimum, individual room energy savings without compromising occupant comfort, thanks to a patented technology – Recovery Time – that works quite differently from other in-room energy management systems. All EcoSmart systems feature Recovery Time, technology designed to maximize energy efficiency without sacrificing occupant comfort. It compete mainly within commercial and industrial markets, including the hospitality, education, healthcare, public housing, government, utility and military sectors. Its key competitors include Onity, Inc., Inncom International Inc. and Schneider Electric. The Company is subject to regulation in the United States by the Federal Communications Commission, or FCC.

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.