Frequency Electronics, Inc. (FEIM) Director Edenbrook Capital, Llc Buys 1,500 Shares of Stock

Frequency Electronics, Inc. (NASDAQ:FEIM) Director Edenbrook Capital, Llc bought 1,500 shares of the business’s stock in a transaction dated Saturday, December 29th. The stock was acquired at an average cost of $9.36 per share, for a total transaction of $14,040.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

  • On Thursday, December 27th, Edenbrook Capital, Llc purchased 1,500 shares of Frequency Electronics stock. The shares were purchased at an average cost of $9.00 per share, for a total transaction of $13,500.00.
  • On Wednesday, December 27th, Edenbrook Capital, Llc purchased 1,500 shares of Frequency Electronics stock. The shares were purchased at an average cost of $9.00 per share, for a total transaction of $13,500.00.
  • On Friday, December 29th, Edenbrook Capital, Llc purchased 4,500 shares of Frequency Electronics stock. The shares were purchased at an average cost of $9.12 per share, for a total transaction of $41,040.00.
  • On Thursday, December 21st, Edenbrook Capital, Llc purchased 1,500 shares of Frequency Electronics stock. The shares were purchased at an average cost of $9.00 per share, for a total transaction of $13,500.00.
  • On Tuesday, December 19th, Edenbrook Capital, Llc purchased 7,800 shares of Frequency Electronics stock. The shares were purchased at an average cost of $8.83 per share, for a total transaction of $68,874.00.
  • On Tuesday, November 7th, Edenbrook Capital, Llc purchased 157,400 shares of Frequency Electronics stock. The shares were purchased at an average cost of $9.00 per share, for a total transaction of $1,416,600.00.

Shares of Frequency Electronics, Inc. (NASDAQ:FEIM) opened at $9.36 on Tuesday. Frequency Electronics, Inc. has a one year low of $7.53 and a one year high of $11.50.

Frequency Electronics (NASDAQ:FEIM) last released its quarterly earnings results on Wednesday, December 13th. The communications equipment provider reported ($0.15) earnings per share (EPS) 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 for the quarter.

A number of institutional investors have recently added to or reduced their stakes in FEIM. GRT Capital Partners L.L.C. acquired a new position in Frequency Electronics during the 2nd quarter worth $105,000. Northern Trust Corp grew its holdings in Frequency Electronics by 9.0% during the 2nd quarter. Northern Trust Corp now owns 31,741 shares of the communications equipment provider’s stock worth $302,000 after acquiring an additional 2,622 shares in the last quarter. Moors & Cabot Inc. grew its holdings in Frequency Electronics by 36.1% during the 3rd quarter. Moors & Cabot Inc. now owns 38,840 shares of the communications equipment provider’s stock worth $373,000 after acquiring an additional 10,300 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Frequency Electronics by 300.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 60,500 shares of the communications equipment provider’s stock worth $578,000 after acquiring an additional 45,376 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Frequency Electronics by 50.2% during the 2nd quarter. Vanguard Group Inc. now owns 293,376 shares of the communications equipment provider’s stock worth $2,798,000 after acquiring an additional 97,993 shares in the last quarter. 38.65% of the stock is currently owned by hedge funds and other institutional investors.

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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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