Milton C. Ault III Acquires 75,100 Shares of Digital Power Co. (DPW) Stock
Digital Power Co. (NYSEMKT:DPW) Director Milton C. Ault III bought 75,100 shares of the business’s stock in a transaction dated Wednesday, October 4th. The shares were acquired at an average cost of $0.60 per share, with a total value of $45,060.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Digital Power Co. (NYSEMKT DPW) traded up 1.7500% during midday trading on Thursday, hitting $0.5291. The company had a trading volume of 23,042 shares. Digital Power Co. has a 12-month low of $0.40 and a 12-month high of $1.75. The stock’s market cap is $7.13 million. The company’s 50 day moving average is $0.55 and its 200 day moving average is $0.60.
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A hedge fund recently raised its stake in Digital Power stock. Virtu KCG Holdings LLC increased its position in shares of Digital Power Co. (NYSEMKT:DPW) by 21.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,267 shares of the technology company’s stock after purchasing an additional 25,804 shares during the period. Virtu KCG Holdings LLC owned 1.59% of Digital Power worth $105,000 at the end of the most recent quarter.
Separately, ValuEngine raised Digital Power from a “sell” rating to a “hold” rating in a research note on Saturday, July 1st.
About Digital Power
Digital Power Corporation (DPC) is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through Digital Power Limited (DPL)).
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