Insider Buying: Qualstar Co. (QBAK) CEO Acquires 5,000 Shares of Stock
Qualstar Co. (NASDAQ:QBAK) CEO Steven N. Bronson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The stock was acquired at an average price of $7.91 per share, for a total transaction of $39,550.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Steven N. Bronson also recently made the following trade(s):
- On Monday, December 18th, Steven N. Bronson acquired 5,000 shares of Qualstar stock. The shares were purchased at an average price of $7.50 per share, for a total transaction of $37,500.00.
Shares of Qualstar Co. (NASDAQ QBAK) traded up $0.53 during trading on Wednesday, reaching $8.24. 80,620 shares of the company’s stock were exchanged, compared to its average volume of 75,908. Qualstar Co. has a 12-month low of $2.67 and a 12-month high of $13.20.
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Qualstar Company Profile
Qualstar Corporation is a provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The Company’s segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies.
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