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Copytele (NASDAQ:COPY) Director Bruce F. Johnson bought 60,000 shares of the stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of $0.28 per share, for a total transaction of $16,800.00. Following the completion of the purchase, the director now directly owns 6,796,428 shares in the company, valued at approximately $1,903,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Copytele (NASDAQ:COPY) traded up 10.03% on Tuesday, hitting $0.34. 833,403 shares of the company’s stock traded hands. 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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