A Director at Zix Corporation (NASDAQ: ZIXI) is Buying Shares

By Carrie Williams

Today, a Director at Zix Corporation (NASDAQ: ZIXI), Robert Hausmann, bought shares of ZIXI for $116.8K.

This recent transaction increases Robert Hausmann’s holding in the company by 288.3% to a total of $382K.

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Based on Zix Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $17.5 million and quarterly net profit of $1.84 million. In comparison, last year the company earned revenue of $16.38 million and had a net profit of $1.14 million. Currently, Zix Corporation has an average volume of 138.7K.

In the last 30 days, insiders have sold $299K worth of ZIXI shares and purchased $116.8K worth of ZIXI shares. The insider sentiment on Zix Corporation has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Robert Hausmann’s trades have generated a 22.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Zix Corp. offers email encryption, data loss prevention and Bring-Your-Own-Device security to meet business data protection and compliance needs. Its services enable the use of secure email for sensitive information exchange primarily in the healthcare, financial services, insurance and government sectors.