Insider Selling: Daniel Joseph Yannantuono, Jr. Sells 4,664 Shares of UniTek Global Services Stock (UNTK)
UniTek Global Services (NASDAQ:UNTK) Insider Daniel Joseph Yannantuono, Jr. sold 4,664 shares of UniTek Global Services stock on the open market in a transaction dated Friday, July 18th. The shares were sold at an average price of $0.43, for a total value of $2,005.52. Following the completion of the sale, the insider now directly owns 184,099 shares in the company, valued at approximately $79,163. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of UniTek Global Services (NASDAQ:UNTK) traded down 2.25% on Friday, hitting $0.391. The stock had a trading volume of 50,782 shares. UniTek Global Services has a one year low of $0.31 and a one year high of $1.95. The stock’s 50-day moving average is $0.46 and its 200-day moving average is $1.27. The company’s market cap is $7.5 million.
UniTek Global Services (NASDAQ:UNTK) last announced its earnings results on Tuesday, May 13th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.84. The company had revenue of $88.60 million for the quarter, compared to the consensus estimate of $101.50 million.
UniTek Global Services, Inc formerly Berliner Communications, Inc (NASDAQ:UNTK), is a provider of permanently outsourced infrastructure services, offering a suite of technical services to the wireless and wireline telecommunications, satellite television and broadband cable industries in the United States and Canada.
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