Insider Buying: Frequency Electronics, Inc. (FEIM) Director Buys $13,500.00 in Stock

Frequency Electronics, Inc. (NASDAQ:FEIM) Director Edenbrook Capital, Llc bought 1,500 shares of Frequency Electronics stock in a transaction on Thursday, December 27th. The stock was acquired at an average price of $9.00 per share, with a total value of $13,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Edenbrook Capital, Llc also recently made the following trade(s):

  • On Saturday, December 29th, Edenbrook Capital, Llc bought 1,500 shares of Frequency Electronics stock. The stock was acquired at an average price of $9.36 per share, with a total value of $14,040.00.
  • On Wednesday, December 27th, Edenbrook Capital, Llc bought 1,500 shares of Frequency Electronics stock. The stock was acquired at an average price of $9.00 per share, with a total value of $13,500.00.
  • On Friday, December 29th, Edenbrook Capital, Llc bought 4,500 shares of Frequency Electronics stock. The stock was acquired at an average price of $9.12 per share, with a total value of $41,040.00.
  • On Thursday, December 21st, Edenbrook Capital, Llc bought 1,500 shares of Frequency Electronics stock. The stock was acquired at an average price of $9.00 per share, with a total value of $13,500.00.
  • On Tuesday, December 19th, Edenbrook Capital, Llc bought 7,800 shares of Frequency Electronics stock. The stock was acquired at an average price of $8.83 per share, with a total value of $68,874.00.
  • On Tuesday, November 7th, Edenbrook Capital, Llc bought 157,400 shares of Frequency Electronics stock. The stock was acquired at an average price of $9.00 per share, with a total value of $1,416,600.00.

Shares of Frequency Electronics, Inc. (NASDAQ FEIM) opened at $9.59 on Thursday. Frequency Electronics, Inc. has a one year low of $7.53 and a one year high of $11.50.

Frequency Electronics (NASDAQ:FEIM) last issued its quarterly earnings data on Wednesday, December 13th. The communications equipment provider reported ($0.15) earnings per share for the quarter. Frequency Electronics had a negative return on equity of 4.66% and a negative net margin of 8.13%. The firm had revenue of $9.34 million during the quarter.

Several institutional investors have recently modified their holdings of FEIM. Kennedy Capital Management Inc. lifted its stake in shares of Frequency Electronics by 31.3% in the second quarter. Kennedy Capital Management Inc. now owns 478,143 shares of the communications equipment provider’s stock worth $4,561,000 after buying an additional 113,857 shares during the last quarter. GRT Capital Partners L.L.C. acquired a new stake in shares of Frequency Electronics in the second quarter worth $105,000. Northern Trust Corp lifted its stake in shares of Frequency Electronics by 9.0% in the second quarter. Northern Trust Corp now owns 31,741 shares of the communications equipment provider’s stock worth $302,000 after buying an additional 2,622 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Frequency Electronics by 50.2% in the second quarter. Vanguard Group Inc. now owns 293,376 shares of the communications equipment provider’s stock worth $2,798,000 after buying an additional 97,993 shares during the last quarter. Finally, Grace & White Inc. NY lifted its stake in shares of Frequency Electronics by 4.6% in the third quarter. Grace & White Inc. NY now owns 312,793 shares of the communications equipment provider’s stock worth $2,987,000 after buying an additional 13,884 shares during the last quarter. Institutional investors and hedge funds own 38.65% of the company’s stock.

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About Frequency Electronics

Frequency Electronics, Inc (FEI) is principally engaged in the design, development and manufacture of precision time and frequency control products and components for microwave integrated circuit applications. The Company operates in three segments: FEI-NY, Gillam-FEI and FEI-Zyfer. The FEI-NY segment also includes the operations of the Company’s subsidiaries, Frequency Electronics, Inc Asia (FEI-Asia) and FEI-Elcom Tech, Inc (FEI-Elcom).

Insider Buying and Selling by Quarter for Frequency Electronics (NASDAQ:FEIM)

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