CCUR Holdings, Inc. (NASDAQ:CCUR) major shareholder Julian D. Singer bought 30,307 shares of the stock in a transaction that occurred on Thursday, April 5th. The shares were bought at an average cost of $4.82 per share, with a total value of $146,079.74. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
CCUR opened at $4.85 on Friday. CCUR Holdings, Inc. has a 12 month low of $4.62 and a 12 month high of $7.10.
CCUR announced that its Board of Directors has initiated a share buyback program on Monday, March 5th that allows the company to buyback 1,000,000 shares. This buyback authorization allows the technology company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
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CCUR Holdings, Inc, formerly Concurrent Computer Corporation, is in the process of evaluating opportunities intended to maximize the value of its remaining assets. This will include the evaluation of opportunities to invest in or acquire one or more operating businesses.
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