Westell Technologies Inc (WSTL) Files Form 4 Insider Buying : Oscar Hernandez Buys 20,000 Shares

Westell Technologies Inc (WSTL): Oscar Hernandez , SVP Engineering& Outside Plant of Westell Technologies Inc purchased 20,000 shares on May 27, 2016. The Insider buying transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.90 per share for a total value of $18,018.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Richard E Good (SVP, IN-Building Wireless) purchased 6,100 shares at $0.82 per share price.On Mar 2, 2016, Charles S. Bernstein (SVP Worldwide Sales) purchased 8,771 shares at $1.16 per share price.Also, On Feb 25, 2016, John Thomas Gruenwald (CEO) purchased 8,617 shares at $1.15 per share price.On Jun 1, 2015, Thomas P. Minichiello (CFO) purchased 20,000 shares at $1.04 per share price.

Shares of Westell Technologies (WSTL) ended Friday, May 27, 2016 session in red amid volatile trading. The shares closed down -0.0332 points or -4.04% at $0.788 with 77,396 shares getting traded. Post opening the session at $0.83, the shares hit an intraday low of $0.7866 and an intraday high of $0.94 and the price vacillated in this range throughout the day. The company has a market cap of $48 M and the number of outstanding shares has been calculated to be 6,12,50,863 shares. The 52-week high of Westell Technologies is $1.51 and the 52-week low is $0.7866.

Westell Technologies Money Flow Index Chart

Westell Technologies Inc. is a provider of in-building wireless intelligent site management cell site optimization and outside plant solutions. The Company’s offers its products and solutions to carriers integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG). The Company’s segments are engaged in the design development assembly and marketing of a variety of products and solutions. The Company’s IBW segment solutions include distributed antenna systems (DAS) conditioners high-performance digital repeaters and bi-directional amplifiers (BDAs) and system components and antennas. The Company’s CSG segment solutions include intelligent site management (ISM) cell site optimization (CSO) and outside plant (OSP).

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