Lgl Group major shareholder Mario J. Gabelli Acquires 1,900 Shares (LGL)
Lgl Group (NYSE:LGL) major shareholder Mario J. Gabelli acquired 1,900 shares of the stock in a transaction dated Monday, June 9th. The shares were purchased at an average cost of $4.37 per share, for a total transaction of $8,303.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Lgl Group (NYSE:LGL) traded up 4.55% on Tuesday, hitting $4.60. 29,304 shares of the company’s stock traded hands. Lgl Group has a 52 week low of $3.1932 and a 52 week high of $6.52. The stock’s 50-day moving average is $4.54 and its 200-day moving average is $5.1. The company’s market cap is $11.9 million.
The LGL Group, Inc is a holding company with subsidiaries engaged in manufacturing electronic components.
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