Insider Buying: Elkhorn Partners Limited Partn Acquires 4,700 Shares of Orbit International Stock (ORBT)
Orbit International (NASDAQ:ORBT) major shareholder Elkhorn Partners Limited Partn acquired 4,700 shares of the company’s stock on the open market in a transaction that occurred on Thursday, July 17th. The shares were purchased at an average price of $2.82 per share, with a total value of $13,254.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Orbit International (NASDAQ:ORBT) traded up 2.47% on Friday, hitting $2.90. The stock had a trading volume of 6,751 shares. Orbit International has a one year low of $2.60 and a one year high of $3.80. The stock has a 50-day moving average of $2.93 and a 200-day moving average of $3.07. The company’s market cap is $12.7 million.
Orbit International Corp. (NASDAQ:ORBT) conducts its operations through its Orbit Instrument Division and its wholly owned subsidiaries, Behlman Electronics, Inc(Behlman), TDL Development Laboratory, Inc (TDL) and Integrated Consulting Services, Inc (ICS) and Integrated Combat Systems (ICS).
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