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Andrea Electronics (NASDAQ:ANDR) Director Joseph J. Migliozzi acquired 40,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 5th. The shares were purchased at an average cost of $0.08 per share, with a total value of $3,200.00. Following the purchase, the director now directly owns 711,261 shares in the company, valued at approximately $56,901. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Andrea Electronics (NASDAQ:ANDR) opened at 0.077 on Friday. Andrea Electronics has a 52 week low of $0.03 and a 52 week high of $0.15. The stock has a 50-day moving average of $0.09 and a 200-day moving average of $0.08. The company’s market cap is $4.9 million.

Andrea Electronics Corporation (NASDAQ:ANDR) is engaged in designing, developing and manufacturing microphone technologies and products for improving speech-based applications software and communications that require clear voice signals.

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