Nortech Systems Inc (NSYS) Files Form 4 Insider Buying : David B Kunin Buys 12,400 Shares

Nortech Systems Inc (NSYS): David B Kunin , director of Nortech Systems Inc purchased 12,400 shares on Jun 2, 2016. The Insider buying transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.77 per share for a total value of $46,872.86 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 24, 2016, Richard G Wasielewski (CEO) purchased 2,975 shares at $3.72 per share price.On Sep 17, 2015, Kenneth D Larson (director) purchased 500 shares at $4.00 per share price.Also, On Aug 31, 2015, Paula M Graff (CFO) purchased 216 shares at $4.12 per share price.

Shares of Nortech Systems Incorporated (NSYS) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.79% at $3.76 with 15,253 shares getting traded. Post opening the session at $3.75, the shares hit an intraday low of $3.6614 and an intraday high of $3.8 and the price vacillated in this range throughout the day. The company has a market cap of $10 M and the number of outstanding shares has been calculated to be 27,47,831 shares. The 52-week high of Nortech Systems Incorporated is $4.9801 and the 52-week low is $3.2347.

Nortech Systems Incorporated Money Flow Index Chart

Nortech Systems Incorporated is an electronic manufacturing services (EMS) company. The Company offers technical and manufacturing services and support including project management design testing prototyping manufacturing and supply chain management. The Company’s manufacturing and engineering services include medical devices printed circuit board assemblies wire and cable assemblies and electromechanical assemblies. The Company also provides engineering services and repair services. The Company maintains facilities in Minnesota including Bemidji Blue Earth Milaca Mankato Baxter and Merrifield as well as Augusta Wisconsin and Monterrey Mexico. The Company operates through the contract manufacturing segment within the EMS industry.

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