Insider Buying: Noel Joseph Spiegel Acquires 10,000 Shares of Vringo Stock (VRNG)
Vringo (NASDAQ:VRNG) Director Noel Joseph Spiegel bought 10,000 shares of Vringo stock on the open market in a transaction dated Friday, May 16th. The stock was purchased at an average price of $2.96 per share, with a total value of $29,600.00. Following the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $59,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Vringo (NASDAQ:VRNG) traded up 2.38% during mid-day trading on Friday, hitting $3.01. 2,632,386 shares of the company’s stock traded hands. Vringo has a 52-week low of $2.61 and a 52-week high of $5.45. The stock’s 50-day moving average is $3.70 and its 200-day moving average is $3.50. The company’s market cap is $260.5 million.
Vringo (NASDAQ:VRNG) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.13) earnings per share (EPS) for the quarter.
Vringo, Inc (NASDAQ:VRNG) is a development-stage company.
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