Insider Buying: Winland Electronics Director Purchases 5,030 Shares of Stock (WELX)
Winland Electronics (NASDAQ:WELX) Director Thomas Ricks Braziel purchased 5,030 shares of the company’s stock on the open market in a transaction dated Thursday, May 29th. The stock was purchased at an average cost of $0.65 per share, for a total transaction of $3,269.50. Following the acquisition, the director now directly owns 484,367 shares in the company, valued at approximately $314,839. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Winland Electronics (NASDAQ:WELX) remained flat at $0.65 during during mid-day trading trading on Friday. Winland Electronics has a one year low of $0.30 and a one year high of $0.82. The stock’s 50-day moving average is $0.58 and its 200-day moving average is $0.54. The company’s market cap is $2.5 million.
Winland Electronics, Inc (NASDAQ:WELX) provides a line of environmental monitoring products to the security industry.
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