Notable Insider Trading: Document Security Systems, Inc. $DSS

background-20050_1920

Document Security Systems, Inc. (ARCA:DSS) insider have most recently took part in a trading activity. On Dec 5, 2017 Chan Heng Fai Ambrose, Director, 10% Owner bought 300 shares having total worth of $345 at the price of $1.15 per share, following the transaction a total of 1,985,912 shares owned by Chan Heng Fai Ambrose. Before this latest buy, Chan Heng Fai Ambrose purchased DSS at 1 other times during the past twelve months, for a total investment of $600,000 at an average of $0.75 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 7 times by insiders. an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 52.44%
12 Month 7 0 64.47%

Shares of Document Security Systems, Inc. (ARCA:DSS) traded up 5.04% on Dec 6, 2017, hitting $1.25. 762,137 shares of the company’s stock traded hands. Document Security Systems, Inc. has a 52 week low of $0.43 and a 52 week high of $1.51. The company’s market cap is $8 million.

Document Security Systems, Inc. (ARCA:DSS) last announced its earnings results on Nov 14, 2017. The company reported -0.02 earnings per share (EPS) for the quarter. The company had revenue of $4 million for the quarter The company’s revenue for the quarter was down 16% on a year-over-year basis.

2017-11-14 2017-08-14 2017-05-15 2017-03-28 2016-11-14 2016-08-15 2015-11-13 2015-08-13 2015-05-15 2015-03-30
earnings per share -0.02 -0.02 -0.01 0.00 0.00 -0.01 -0.02 -0.02 -0.04 -0.66
Revenue(M) 4.2 3.86 4.77 5.79 4.98 4.07 4.42 4.2 3.43 4.8

Document Security Systems, Inc., was formed in New York in 1984. It is engaged in fraud and counterfeit protection for all forms of printed documents and digital information. The Company holds numerous patents for optical deterrent technologies that provide protection of printed information from unauthorized scanning and copying. It operates three production facilities, a security and commercial printing facility, a packaging facility and a plastic card facility- where it produces secure and non-secure documents for its customers. It licenses its anti-counterfeiting technologies to printers and brand-owners. In addition, it has a digital division which provides cloud computing services for its customers, including disaster recovery, back-up and data security services. Its segments include: DSS Printing Group -Provides secure and commercial printing services for end-user customers along with technical support for the Company’s technology licensees. The division produces printed materials such as security paper, vital records, prescription paper, birth certificates, receipts, manuals, identification materials, entertainment tickets, secure coupons, parts tracking forms, brochures, direct mailing pieces, catalogs, business cards, etc. The division also provides the basis of research and development for its security printing technologies. DSS Plastics Group -Manufactures laminated and surface printed cards which can include magnetic stripes, bar codes, holograms, signature panels, invisible ink, micro fine printing, guilloche patterns, Biometric, Radio Frequency Identification (RFID) and watermarks for printed plastic documents such as ID cards, event badges, and driver’s licenses. The primary raw materials the company uses in its businesses are paper corrugated paperboard, plastic sheets, and ink. DSS Packaging Group -Produces custom paperboard packaging serving clients in the pharmaceutical, beverage, photo packaging, toy, specialty foods and direct marketing industries, among others. The division incorporates its security technologies into printed packaging to help companies prevent or deter brand and product counterfeiting. DSS Digital Group -Provides data center centric solutions to businesses and governments delivered via the ‘cloud’. This division is also developing proprietary digital data security technologies based on the Company’s optical deterrent technologies. It has registered its ‘AuthentiGuard’ mark, as well as its ‘Survivor 21’ electronic check icon with the U.S. Patent and Trademark Office. Its printing division competes with locally-based printing companies in the Rochester and Western New York markets.

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.