Digital Power Co. (DPW) Chairman Buys $2,700,000.00 in Stock

Digital Power Co. (NYSEAMERICAN:DPW) Chairman Milton C. Ault III bought 1,000 shares of Digital Power stock in a transaction dated Friday, January 5th. The stock was purchased at an average price of $2,700.00 per share, for a total transaction of $2,700,000.00. The purchase was disclosed in a filing with the SEC, which is available through this link.

Shares of Digital Power Co. (NYSEAMERICAN:DPW) traded down $0.22 during trading hours on Friday, hitting $2.85. 5,285,736 shares of the stock traded hands, compared to its average volume of 5,068,175. Digital Power Co. has a 52 week low of $0.40 and a 52 week high of $5.95. The firm has a market cap of $64.34, a P/E ratio of -4.83 and a beta of 2.17.

A hedge fund recently bought a new stake in Digital Power stock. Asset Management One Co. Ltd. bought a new stake in Digital Power Co. (NYSEAMERICAN:DPW) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 166,719 shares of the technology company’s stock, valued at approximately $3,745,000. Asset Management One Co. Ltd. owned approximately 1.03% of Digital Power as of its most recent filing with the SEC.

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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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