Inventergy Global Inc (NASDAQ:INVT) major shareholder Alfred Charles Murabito sold 236,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $1.45, for a total transaction of $342,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Inventergy Global Inc (NASDAQ:INVT) opened at 1.24 on Thursday. The firm has a 50-day moving average of $1.55 and a 200 day moving average of $1.64. Inventergy Global Inc has a 52-week low of $0.71 and a 52-week high of $3.67. The stock’s market capitalization is $6.10 million.

About Inventergy Global

Inventergy Global, Inc is an intellectual property (IP) investment and licensing company. The Company offers clients a professional corporate licensing model for IP value creation. The Company’s Technical Lead and associated group works to understand the science and/or technology behind the patents of a particular portfolio, under the review of the Legal Lead and in support of the Business team.

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