Insider Buying: Roger Hd Lacey Purchases 4,000 Shares of Communications Systems Stock (JCS)
Communications Systems (NYSE:JCS) Director Roger Hd Lacey acquired 4,000 shares of Communications Systems stock on the open market in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average cost of $11.14 per share, with a total value of $44,560.00. Following the acquisition, the director now directly owns 13,423 shares of the company’s stock, valued at approximately $149,532. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Communications Systems (NYSE:JCS) opened at 11.35 on Friday. Communications Systems has a 1-year low of $9.57 and a 1-year high of $13.92. The stock has a 50-day moving average of $11.99 and a 200-day moving average of $11.88. The company’s market cap is $97.6 million.
Communications Systems (NYSE:JCS) last announced its earnings results on Tuesday, March 11th. The company reported ($0.09) EPS for the quarter. The company had revenue of $27.30 million for the quarter, compared to the consensus estimate of $25.80 million.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 1st. Investors of record on Monday, June 16th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 5.64%. The ex-dividend date is Thursday, June 12th.
Communications Systems, Inc (NYSE:JCS) is engaged through its Suttle and Austin Taylor business units in the manufacture and sale of modular connecting and wiring devices for voice and data communications, digital subscriber line filters, and structured wiring systems and through its Transition Networks business unit in the manufacture and sale of media and rate conversion products for telecommunications networks.
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