Insider Buying: Becker Drapkin Management, L.P Buys 332,450 Shares of Special Diversified Opportunities Stock (SDOI)
Special Diversified Opportunities (NASDAQ:SDOI) major shareholder Becker Drapkin Management, L.P purchased 332,450 shares of the stock in a transaction dated Friday, January 31st. The stock was purchased at an average cost of $1.13 per share, for a total transaction of $375,668.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Special Diversified Opportunities (NASDAQ:SDOI) traded down 0.88% on Friday, hitting $1.13. The stock had a trading volume of 253,545 shares. Special Diversified Opportunities has a 52-week low of $0.87 and a 52-week high of $1.37. The stock has a 50-day moving average of $1.15 and a 200-day moving average of $1.06. The company has a market cap of $23.8 million and a price-to-earnings ratio of 3.24.
Special Diversified Opportunities Inc, formerly Strategic Diagnostics Inc, is a biotechnology company.
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