Insider Trading in Focus: Frequency Electronics, Inc. $FEIM

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Frequency Electronics, Inc. (FEIM) insider have most recently took part in a trading activity. On Sep 19, 2017 Edenbrook Capital, Llc, 10% Owner bought 38,000 shares having total worth of $304,000 at the price of $8 per share, following the transaction a total of 1,163,105 shares owned by Edenbrook Capital, Llc. Before this latest buy, Edenbrook Capital, Llc purchased FEIM at 2 other times during the past twelve months, for a total investment of $10.57M at an average of $8.25 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -21.37%
12 Month 2 2 -19.48%

Shares of Frequency Electronics, Inc. (FEIM) traded down 2.3% on Sep 18, 2017, hitting $8.06. 9,994 shares of the company’s stock traded hands. Frequency Electronics, Inc. has a 52 week low of $7.72 and a 52 week high of $11.48. The company’s market cap is $91 million.

Frequency Electronics, Inc. (FEIM) last announced its earnings results on Sep 13, 2017. The company reported 0.09 earnings per share (EPS) for the quarter. The company had revenue of $12 million for the quarter During the same quarter in the previous year, the company posted -0.08 earnings per share. The company’s revenue for the quarter was down 5% on a year-over-year basis.

2017-09-13 2017-07-27 2017-03-16 2016-12-14 2016-09-14 2016-07-25 2016-03-15 2015-12-08 2015-09-10 2015-07-22
earnings per share 0.09 -0.40 0.04 -0.12 -0.08 -0.01 0.03 -0.01 0.10 -0.01
Revenue(M) 12.02 12.23 12.8 12.91 12.71 14.21 13.5 16 16.68 19.2

Frequency Electronics was founded in 1961. The Company provides precision time and low phase noise frequency generation systems, from 1 Hz to 46 GHz which is employed in commercial, government, C4ISR and other military electronic systems. Its technology is used for terrestrial and space applications. The Company’s products support multiple C4ISR (Command, Control, Communication, Computer, Intelligence, Security and Reconnaissance), counter measures and additional defense electronic applications for the U.S. government on land, sea and air-borne platforms. The Company operates under three reportable segments, aligned with the geographical locations of its subsidiaries: FEI-NY, Gillam-FEI; and FEI-Zyfer. Within each segment the Company designs, develops, manufactures and markets precision time and frequency control products for different markets. The Company’s principal competition for space products is the in-house capability of its major customers such as the Boeing Corporation, Northrop Grumman, Lockheed Martin and Space Systems Loral as well as a number of other firms capable of providing high-reliability microwave frequency generators.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.