GlobalSCAPE, Inc. (NYSEMKT:GSB) Stake Raised by Renaissance Technologies LLC
Renaissance Technologies LLC increased its stake in GlobalSCAPE, Inc. (NYSEMKT:GSB) by 9.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 835,137 shares of the technology company’s stock after buying an additional 72,637 shares during the period. Renaissance Technologies LLC owned about 3.87% of GlobalSCAPE worth $3,274,000 at the end of the most recent quarter.
Separately, Nationwide Fund Advisors increased its stake in GlobalSCAPE by 38.9% in the first quarter. Nationwide Fund Advisors now owns 96,404 shares of the technology company’s stock valued at $378,000 after buying an additional 27,000 shares during the last quarter.
Shares of GlobalSCAPE, Inc. (NYSEMKT GSB) traded up 3.57% during trading on Friday, hitting $4.06. The stock had a trading volume of 77,084 shares. GlobalSCAPE, Inc. has a 1-year low of $3.25 and a 1-year high of $5.51. The company has a market capitalization of $87.58 million, a price-to-earnings ratio of 21.37 and a beta of 0.64. The firm has a 50 day moving average of $4.95 and a 200 day moving average of $4.34.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 23rd will be issued a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Monday, August 21st. GlobalSCAPE’s dividend payout ratio (DPR) is currently 33.34%.
In other GlobalSCAPE news, major shareholder 210/Gsb Acquisition Partners, purchased 390,000 shares of the company’s stock in a transaction dated Wednesday, August 9th. The shares were bought at an average price of $3.92 per share, with a total value of $1,528,800.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
GlobalSCAPE Company Profile
GlobalSCAPE, Inc provides secure information exchange capabilities for enterprises and consumers through the development and distribution of software, delivery of managed and hosted solutions, and provisioning of associated services. The Company’s primary product is Enhance File Transfer (EFT). Its software products and services include Managed File Transfer Solutions (MFT), Secure Content Mobility Solutions, Wide Area File Services (WAFS), Managed E-Mail Attachment Solution, Consumer-Based File Transfer Solution and professional services.
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