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.

Qualstar (NASDAQ:QBAK) last announced its quarterly earnings data on Wednesday, November 8th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $2.76 million for the quarter. Qualstar had a negative return on equity of 8.81% and a negative net margin of 4.52%.

ILLEGAL ACTIVITY WARNING: This news story was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another website, it was stolen and republished in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/12/20/insider-buying-qualstar-co-qbak-ceo-acquires-5000-shares-of-stock.html.

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.

Insider Buying and Selling by Quarter for Qualstar (NASDAQ:QBAK)

Receive News & Ratings for Qualstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualstar and related companies with MarketBeat.com's FREE daily email newsletter.