Ballantyne Strong, Inc. (BTN): Joseph H Moglia , CEO of Ballantyne Strong, Inc. purchased 16,700 shares on Jun 9, 2016. The Insider buying transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.38 per share for a total value of $88,989.86 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Joseph H Moglia (CEO) purchased 12,800 shares at $5.16 per share price.On May 19, 2016, Stephen L. Schilling (President, Digital Media) purchased 919 shares at $4.66 per share price.Also, On May 11, 2016, Kyle Cerminara (CEO) purchased 3,295 shares at $4.65 per share price.On May 10, 2016, Nathan D Legband (CFO) purchased 2,300 shares at $4.60 per share price.
Ballantyne Strong Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Ballantyne Strong Inc which led to swings in the share price. The shares opened for trading at $5.05 and hit $5.25 on the upside , eventually ending the session at $5.25, with a gain of 3.55% or 0.18 points. The heightened volatility saw the trading volume jump to 40,633 shares. The 52-week high of the share price is $5.25 and the company has a market cap of $75 M . The 52-week low of the share price is at $3.42.
Ballantyne Strong Inc. designs integrates and installs technology solutions for a range of applications; develops and delivers out-of-home messaging advertising and communications; manufactures projection screens and lighting products and provides managed services including monitoring of networked equipment to its customers. The Company is focused on the retail financial government and cinema markets. The Company operates in two segments: Systems Integration and Managed Services. The Systems Integration Segment includes the sale of digital projection equipment screens sound systems in addition to the design assembly and sale of followspots and other lighting products. The Managed Service Segment includes the delivery of end to end digital signage solutions video communication solutions content creation and management and service of digital signage and digital cinema equipment.