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FalconStor Software (NASDAQ:FALC) CEO Gary Quinn acquired 10,000 shares of FalconStor Software stock in a transaction dated Thursday, May 15th. The stock was purchased at an average price of $1.45 per share, with a total value of $14,500.00. Following the transaction, the chief executive officer now directly owns 1,285,000 shares of the company’s stock, valued at approximately $1,863,250. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

FalconStor Software (NASDAQ:FALC) traded up 2.74% on Monday, hitting $1.50. The stock had a trading volume of 45,082 shares. FalconStor Software has a 52 week low of $0.88 and a 52 week high of $1.90. The stock has a 50-day moving average of $1.52 and a 200-day moving average of $1.49. The company’s market cap is $72.0 million.

FalconStor Software Inc (NASDAQ:FALC) is engaged in disk-based data protection.

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