Ns Advisors buys $6,454,208 stake in Frequency Electronics (FEIM)

Frequency Electronics (FEIM) : Ns Advisors scooped up 9,785 additional shares in Frequency Electronics during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 677,963 shares of Frequency Electronics which is valued at $6,454,208.Frequency Electronics makes up approximately 8.68% of Ns Advisors’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in FEIM in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 194,883 shares of Frequency Electronics which is valued at $1,855,286.Dimensional Fund Advisors Lp reduced its stake in FEIM by selling 1,025 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 696,176 shares of FEIM which is valued at $6,613,672.Geode Capital Management boosted its stake in FEIM in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 22,942 shares of Frequency Electronics which is valued at $217,949.Tower Research Capital (trc) reduced its stake in FEIM by selling 1,265 shares or 59.42% in the most recent quarter. The Hedge Fund company now holds 864 shares of FEIM which is valued at $7,862.

Frequency Electronics (FEIM) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $9.84 and reached the intraday high at $9.84. The bulls started the profit booking and pushed the shares to intraday low of $9.84. The trading session was marked by a volume range of 127 shares exchanging hands. The 52-week high of the shares is $11.99 and the 52-week low is $8.51. The market cap of the company stands at $86 M and there are 87,29,682 shares in public circulation.

Frequency Electronics Inc. is a provider of precision time and frequency technology. The Company operates under three segments: FEI-NY Gillam-FEI and FEI-Zyfer. The Company’s FEI-NY segment operates out of New York and its operations consist principally of precision time and frequency control products used in three principal markets: communication satellites (both commercial and the United States Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations and other components and systems for the United States military. The Company’s Gillam-FEI segment operates out of Belgium and France and primarily sells wireline synchronization and network management systems in non-United States markets. The Company’s FEI-Zyfer operates out of California and its products integrate global positioning system (GPS) technologies into systems and subsystems for secure communications both government and commercial and other locator applications.

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