Insider Buying: Copytele Director Purchases 120,800 Shares of Stock (COPY)
Copytele (NASDAQ:COPY) Director Amit Kumar bought 120,800 shares of the stock in a transaction dated Tuesday, January 28th. The stock was purchased at an average price of $0.30 per share, with a total value of $36,240.00. Following the completion of the acquisition, the director now directly owns 448,804 shares in the company, valued at approximately $134,641. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Copytele (NASDAQ:COPY) opened at 0.399 on Thursday. Copytele has a one year low of $0.16 and a one year high of $0.40. The stock’s 50-day moving average is $0.20 and its 200-day moving average is $0.20. The company’s market cap is $84.0 million.
CopyTele, Inc (NASDAQ:COPY) is engaged in development, acquisition, licensing, and enforcement of patented technologies.
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