Digital Power Corp (DPW): Telecom Ltd Telkoor , 10% owner of Digital Power Corp sold 2,714,610 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $0.55 per share for a total value of $1,501,179.38 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 11, 2015, Ben Zion Diamant (director officer 10% owner (Chairman of the Board) sold 3,000 shares at $0.81 per share price.On May 21, 2015, Telecom Ltd Telkoor (10% owner) sold 160,000 shares at $0.62 per share price.
Digital Power Corporation: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Digital Power Corporation which led to swings in the share price. The shares opened for trading at $0.7999 and hit $0.85 on the upside , eventually ending the session at $0.83, with a gain of 3.78% or 0.0302 points. The heightened volatility saw the trading volume jump to 71,952 shares. The 52-week high of the share price is $1.4 and the company has a market cap of $5.6 M . The 52-week low of the share price is at $0.35.
Digital Power Corporation (Digital) is a solution-driven organization that designs develops manufactures and sells high-grade customized and flexible power system solutions for the most demanding applications in the medical military telecom and industrial markets. The Company is focused on high-grade and custom product designs for both the commercial and military/defense markets. The Companys wholly owned subsidiary Digital Power Limited (DPL) operates under the brand name of Gresham Power Electronics (Gresham). DPL designs manufactures and sells power products and system solutions mainly for the European marketplace including power conversion power distribution equipment DC/AC (Direct Current/Active Current) inverters and UPS (Uninterrupted Power Supply) products. The Company provides program management for each project; Quality assurance and control and Product Tests for Vertical Random Vibration Sine Sweep Vibrations Shock Salt Fog and Polar Temperatures.