Edward Rowland Grauch Acquires 27,568 Shares of Blonder Tongue Labs, Inc. (BDR) Stock

Blonder Tongue Labs, Inc. (NYSEAMERICAN:BDR) insider Edward Rowland Grauch purchased 27,568 shares of the firm’s stock in a transaction on Monday, November 26th. The shares were acquired at an average cost of $1.09 per share, with a total value of $30,049.12. Following the completion of the acquisition, the insider now directly owns 119,785 shares in the company, valued at $130,565.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NYSEAMERICAN BDR opened at $1.17 on Friday. Blonder Tongue Labs, Inc. has a 1 year low of $0.47 and a 1 year high of $2.20.

Blonder Tongue Labs (NYSEAMERICAN:BDR) last announced its quarterly earnings results on Wednesday, November 14th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $5.63 million during the quarter.

An institutional investor recently raised its position in Blonder Tongue Labs stock. Bridgeway Capital Management Inc. boosted its stake in Blonder Tongue Labs, Inc. (NYSEAMERICAN:BDR) by 96.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 310,100 shares of the technology company’s stock after acquiring an additional 152,600 shares during the period. Bridgeway Capital Management Inc. owned 3.21% of Blonder Tongue Labs worth $388,000 as of its most recent SEC filing.

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Blonder Tongue Labs Company Profile

Blonder Tongue Laboratories, Inc, a technology-development and manufacturing company, provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. It offers digital video headend products comprising high definition and SD, MPEG-2, and MPEG-4/H.264 encoders, as well as quadrature phase shift key to quadrature amplitude modulation (QAM) transcoders; digital QAM multiplexers; ATSC/QAM-IP transcoders; and EdgeQAM devices.

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