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Qualstar Corp (NASDAQ:QBAK) Director Sean Michael Leder bought 3,612 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 12th. The stock was purchased at an average cost of $1.26 per share, with a total value of $4,551.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Qualstar Corp (NASDAQ:QBAK) opened at 1.29 on Tuesday. Qualstar Corp has a 52 week low of $0.91 and a 52 week high of $2.05. The stock’s 50-day moving average is $1.35 and its 200-day moving average is $1.34. The company’s market cap is $15.8 million.

Qualstar Corp (NASDAQ:QBAK) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.04) EPS for the quarter. The company had revenue of $2.60 million for the quarter, compared to the consensus estimate of $3.00 million.

Qualstar Corporation (NASDAQ:QBAK) designs, develops, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments.

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