GigaMedia Limited (NASDAQ:GIGM) CEO Cheng-Ming Huang Purchases 69,742 Shares

GigaMedia Limited (NASDAQ:GIGM) CEO Cheng-Ming Huang acquired 69,742 shares of the business’s stock in a transaction on Monday, August 19th. The shares were purchased at an average price of $2.35 per share, with a total value of $163,893.70. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Cheng-Ming Huang also recently made the following trade(s):

  • On Thursday, August 15th, Cheng-Ming Huang acquired 60,000 shares of GigaMedia stock. The shares were purchased at an average price of $2.34 per share, with a total value of $140,400.00.
  • On Friday, June 21st, Cheng-Ming Huang acquired 9,944 shares of GigaMedia stock. The shares were purchased at an average price of $2.52 per share, with a total value of $25,058.88.
  • On Wednesday, June 19th, Cheng-Ming Huang acquired 57,885 shares of GigaMedia stock. The shares were purchased at an average price of $2.50 per share, with a total value of $144,712.50.
  • On Friday, June 14th, Cheng-Ming Huang acquired 6,148 shares of GigaMedia stock. The shares were purchased at an average price of $2.55 per share, with a total value of $15,677.40.
  • On Wednesday, June 12th, Cheng-Ming Huang acquired 25,484 shares of GigaMedia stock. The shares were purchased at an average price of $2.39 per share, with a total value of $60,906.76.

Shares of GigaMedia stock opened at $2.33 on Friday. GigaMedia Limited has a one year low of $2.20 and a one year high of $3.15. The firm has a fifty day moving average of $2.49 and a two-hundred day moving average of $2.56.

An institutional investor recently raised its position in GigaMedia stock. Morgan Stanley grew its position in shares of GigaMedia Limited (NASDAQ:GIGM) by 5.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 225,016 shares of the technology company’s stock after buying an additional 12,400 shares during the quarter. Morgan Stanley owned 2.04% of GigaMedia worth $531,000 as of its most recent filing with the SEC. 6.04% of the stock is currently owned by institutional investors and hedge funds.

GigaMedia Company Profile

GigaMedia Limited provides digital entertainment services in Taiwan, Hong Kong, and Macau. The company offers mobile and browser-based casual games through FunTown-branded platform. Its portfolio of PC-based casual games include MahJong, a traditional Chinese tile game; sports games, Web-based RPG, and mobile games; online card games; and chance-based games, including bingo, lotto, horse racing, Sic-Bo, slots, and various casual games.

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Insider Buying and Selling by Quarter for GigaMedia (NASDAQ:GIGM)

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