Edward Rowland Grauch Buys 20,239 Shares of Blonder Tongue Labs, Inc. (BDR) Stock

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Blonder Tongue Labs, Inc. (NYSEAMERICAN:BDR) insider Edward Rowland Grauch bought 20,239 shares of the firm’s stock in a transaction that occurred on Tuesday, December 4th. The stock was bought at an average cost of $1.14 per share, for a total transaction of $23,072.46. Following the completion of the transaction, the insider now directly owns 140,024 shares of the company’s stock, valued at approximately $159,627.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Edward Rowland Grauch also recently made the following trade(s):

  • On Monday, November 26th, Edward Rowland Grauch bought 27,568 shares of Blonder Tongue Labs stock. The stock was bought at an average cost of $1.09 per share, for a total transaction of $30,049.12.

Shares of BDR stock opened at $1.15 on Friday. Blonder Tongue Labs, Inc. has a fifty-two week low of $0.50 and a fifty-two week high of $2.20.

Blonder Tongue Labs (NYSEAMERICAN:BDR) last announced its quarterly earnings results on Wednesday, November 14th. The technology company reported ($0.02) earnings per share for the quarter. The business had revenue of $5.63 million for the quarter.

A hedge fund recently raised its stake in Blonder Tongue Labs stock. Bridgeway Capital Management Inc. raised its holdings in shares of Blonder Tongue Labs, Inc. (NYSEAMERICAN:BDR) by 96.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 310,100 shares of the technology company’s stock after buying an additional 152,600 shares during the period. Bridgeway Capital Management Inc. owned about 3.21% of Blonder Tongue Labs worth $388,000 at the end of the most recent reporting period.

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About Blonder Tongue Labs

Blonder Tongue Laboratories, Inc, a technology-development and manufacturing company, provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. It offers digital video headend products comprising high definition and SD, MPEG-2, and MPEG-4/H.264 encoders, as well as quadrature phase shift key to quadrature amplitude modulation (QAM) transcoders; digital QAM multiplexers; ATSC/QAM-IP transcoders; and EdgeQAM devices.

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