Key Points
- CEO Nir Klein bought 13,286 Silynxcom shares at an average $0.84 each, spending about $11,160; the purchase increased his holdings by nearly 120% to 24,361 shares.
- Klein also purchased 11,075 shares on October 29 and 25,788 shares on November 2, adding to his recent insider buying.
- Silynxcom reported a quarterly loss of $0.06 per share on $3.10 million in revenue. The stock opened at $0.96, within a 52-week range of $0.65 to $1.95.
Silynxcom Ltd. (NYSEAMERICAN:SYNX - Get Free Report) CEO Nir Klein acquired 13,286 shares of the company's stock in a transaction on Friday, October 30th. The stock was acquired at an average cost of $0.84 per share, for a total transaction of $11,160.24. Following the completion of the acquisition, the chief executive officer owned 24,361 shares of the company's stock, valued at $20,463.24. This trade represents a 119.96% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Nir Klein also recently made the following trade(s):
- On Monday, November 2nd, Nir Klein bought 25,788 shares of Silynxcom stock. The shares were acquired at an average price of $0.98 per share, for a total transaction of $25,272.24.
- On Thursday, October 29th, Nir Klein purchased 11,075 shares of Silynxcom stock. The stock was bought at an average cost of $0.79 per share, for a total transaction of $8,749.25.
Silynxcom Price Performance
Silynxcom stock opened at $0.96 on Wednesday. The company's fifty day moving average price is $0.88 and its 200 day moving average price is $1.04. Silynxcom Ltd. has a 1 year low of $0.65 and a 1 year high of $1.95.
Silynxcom (NYSEAMERICAN:SYNX - Get Free Report) last posted its quarterly earnings data on Monday, September 14th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $3.10 million for the quarter.
Silynxcom Company Profile
(
Get Free Report)
Silynxcom Ltd. is an Israel-based communications technology company that develops and supplies tactical communication equipment for military, law enforcement, security and other professional users. Its products are designed to support reliable voice communication in demanding operating environments where users may need to coordinate while wearing helmets, protective gear or other equipment.
The company's product portfolio includes tactical headsets, in-ear communication systems, push-to-talk devices, radio adapters, control units and related accessories.
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