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Digital Power (NYSE:DPW) major shareholder Telecom Ltd Telkoor unloaded 10,173 shares of the company’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $1.20, for a total value of $12,207.60. Following the transaction, the insider now directly owns 2,874,610 shares in the company, valued at approximately $3,449,532. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of Digital Power (NYSE:DPW) traded down 2.17% during mid-day trading on Tuesday, hitting $1.174. The stock had a trading volume of 34,800 shares. Digital Power has a 52 week low of $0.52 and a 52 week high of $3.05. The stock has a 50-day moving average of $1.26 and a 200-day moving average of $1.18. The company’s market cap is $7.9 million.

Digital Power Corporation (NYSE:DPW) is a solution-driven organization that designs, develops, manufactures and sells high-grade customized and flexible power system solutions for the demanding applications in the medical, military, telecom and industrial markets.

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