Lyntris (NYSE:LYNX) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Lyntris (NYSE:LYNX) to a hold rating in a research note released on Saturday.

Lyntris Stock Performance

LYNX stock opened at $14.17 on Friday. Lyntris has a 52 week low of $12.96 and a 52 week high of $16.00.

Insider Activity

In related news, President Matthew Alty sold 238,583 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $16.45, for a total value of $3,924,690.35. Following the completion of the transaction, the president owned 1,789,377 shares of the company’s stock, valued at approximately $29,435,251.65. This trade represents a 11.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Tim Paulin sold 55,169 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $16.45, for a total transaction of $907,530.05. Following the completion of the transaction, the chief financial officer directly owned 496,525 shares of the company’s stock, valued at approximately $8,167,836.25. The trade was a 10.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 8,912,282 shares of company stock worth $155,357,039.

Lyntris Company Profile

Lyntris Inc is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Lyntris Inc is based in WASHINGTON.