Insider Buying: Xplore Technologies Corp. (XPLR) VP Acquires 10,300 Shares of Stock
Xplore Technologies Corp. (NASDAQ:XPLR) VP Randy W. Denny purchased 10,300 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were bought at an average cost of $3.00 per share, for a total transaction of $30,900.00. Following the acquisition, the vice president now owns 300 shares in the company, valued at $900. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Xplore Technologies Corp. (NASDAQ XPLR) traded up $0.05 on Tuesday, hitting $2.99. 34,669 shares of the company were exchanged, compared to its average volume of 74,749. Xplore Technologies Corp. has a one year low of $1.54 and a one year high of $4.20.
Xplore Technologies (NASDAQ:XPLR) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The company had revenue of $22.75 million for the quarter, compared to the consensus estimate of $20.00 million. Xplore Technologies had a net margin of 0.44% and a return on equity of 1.24%. analysts expect that Xplore Technologies Corp. will post 0.03 EPS for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Merriman Wealth Management LLC boosted its holdings in shares of Xplore Technologies by 1.1% in the second quarter. Merriman Wealth Management LLC now owns 594,676 shares of the technology company’s stock worth $1,160,000 after buying an additional 6,415 shares during the last quarter. Dimensional Fund Advisors LP purchased a new position in shares of Xplore Technologies in the third quarter worth approximately $212,000. Macquarie Group Ltd. purchased a new position in shares of Xplore Technologies in the third quarter worth approximately $153,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Xplore Technologies in the third quarter worth approximately $121,000. 20.76% of the stock is currently owned by institutional investors.
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Xplore Technologies Company Profile
Xplore Technologies Corp. (Xplore) is engaged in the development, integration and marketing of rugged mobile personal computers (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks.
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