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Copytele (NASDAQ:COPY) CEO Robert Andrew Berman bought 8,500 shares of Copytele stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of $0.30 per share, for a total transaction of $2,550.00. Following the completion of the acquisition, the chief executive officer now directly owns 95,402 shares in the company, valued at approximately $28,621. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Copytele (NASDAQ:COPY) traded up 10.03% on Tuesday, hitting $0.34. The stock had a trading volume of 833,403 shares. Copytele has a 52-week low of $0.16 and a 52-week high of $0.40. The stock has a 50-day moving average of $0.20 and a 200-day moving average of $0.20. The company’s market cap is $71.6 million.

CopyTele, Inc (NASDAQ:COPY) is engaged in development, acquisition, licensing, and enforcement of patented technologies.

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