Insider Buying: IEH Co. (IEHC) Major Shareholder Acquires $38,324.00 in Stock
IEH Co. (OTCMKTS:IEHC) major shareholder Zeff Capital, Lp bought 4,400 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were acquired at an average cost of $8.71 per share, for a total transaction of $38,324.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Zeff Capital, Lp also recently made the following trade(s):
- On Friday, December 1st, Zeff Capital, Lp bought 357 shares of IEH stock. The shares were acquired at an average cost of $8.48 per share, for a total transaction of $3,027.36.
Shares of IEH Co. (IEHC) traded up $0.34 during trading hours on Thursday, hitting $8.89. 6,195 shares of the company’s stock were exchanged, compared to its average volume of 1,172. IEH Co. has a 52 week low of $6.00 and a 52 week high of $8.64. The stock has a market cap of $18.45, a P/E ratio of 12.32 and a beta of 0.19.
IEH (OTCMKTS:IEHC) last announced its quarterly earnings data on Monday, November 13th. The company reported $0.25 EPS for the quarter. IEH had a net margin of 6.96% and a return on equity of 9.95%. The company had revenue of $6.06 million for the quarter.
IEH Corporation designs, develops and manufactures printed circuit connectors for high performance applications. The Company offers circular product line of connectors for the medical industry, which also includes connector cable assemblies. The Company also offers a plastic circular connector line. Its products line features high-density connectors.
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