Communications Systems Inc (JCS) Files Form 4 Insider Buying : Roger Hd Lacey Buys 3,272 Shares

Communications Systems Inc (JCS): Roger Hd Lacey , director of Communications Systems Inc purchased 3,272 shares on Apr 1, 2016. The Insider buying transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.66 per share for a total value of $21,587.44 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 5, 2016, Curtis A Sampson (director) purchased 1,000 shares at $7.90 per share price.On Dec 22, 2015, Roger Hd Lacey (director) purchased 1,243 shares at $8.09 per share price.Also, On Mar 18, 2015, Richard A Primuth (director) purchased 1,500 shares at $11.93 per share price.On Mar 17, 2015, Bruce C Blackwood (VP) purchased 797 shares at $9.74 per share price.

Communications Systems: On Wednesday, May 25, 2016 heightened volatility was witnessed in Communications Systems which led to swings in the share price. The shares opened for trading at $6.6 and hit $6.6907 on the upside , eventually ending the session at $6.5501, with a gain of 0.93% or 0.0601 points. The heightened volatility saw the trading volume jump to 2,504 shares. The 52-week high of the share price is $11.52 and the company has a market cap of $58 M . The 52-week low of the share price is at $5.56.

Communications Systems Money Flow Index Chart

On May 19, 2016, Communications Systems announced a cash dividend of $0.1600. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jul 1, 2016.

Communications Systems Inc. (CSI) provides physical connectivity infrastructure products and services for global deployments of broadband networks. The Company is principally engaged through its Suttle Inc. (Suttle) subsidiary and business unit in the manufacture and sale of modular connecting and wiring devices for voice and data communications digital subscriber line filters and structured wiring systems and through its Transition Networks Inc. (Transition Networks) subsidiary and business unit in the manufacture and sale of core media conversion products for telecommunications networks. Through its JDL Technologies Inc. (JDL Technologies) subsidiary and business unit CSI provides IT solutions including network design computer infrastructure installations IT service management change management network security and network operation services. The Company classifies its businesses into three segments: Suttle Transition Networks and JDL Technologies.

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