Insider Buying: Leslie J. Schreyer Acquires 1,180 Shares of Key Technology Stock (KTEC)
Key Technology (NASDAQ:KTEC) major shareholder Leslie J. Schreyer acquired 1,180 shares of the company’s stock on the open market in a transaction dated Friday, April 11th. The stock was purchased at an average price of $13.25 per share, for a total transaction of $15,635.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Key Technology (NASDAQ:KTEC) traded up 2.63% on Tuesday, hitting $13.67. 1,608 shares of the company’s stock traded hands. Key Technology has a 1-year low of $10.75 and a 1-year high of $16.40. The stock’s 50-day moving average is $12.98 and its 200-day moving average is $13.67. The company has a market cap of $86.0 million and a price-to-earnings ratio of 36.10.
Key Technology (NASDAQ:KTEC) last released its earnings data on Thursday, January 30th. The company reported ($0.16) earnings per share (EPS) for the quarter. Analysts expect that Key Technology will post $0.26 EPS for the current fiscal year.
Key Technology, Inc (NASDAQ:KTEC) is a global supplier of process automation solutions to the food processing industry and other industries, such as tobacco and pharmaceuticals.
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