Vislink Technologies, Inc. (NASDAQ:VISL) Major Shareholder Purchases $49,000.00 in Stock

Vislink Technologies, Inc. (NASDAQ:VISL) major shareholder Hale Capital Partners, Lp bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average price of $2.45 per share, with a total value of $49,000.00. Following the completion of the purchase, the insider now directly owns 295,415 shares of the company’s stock, valued at approximately $723,766.75. This trade represents a 7.26 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Vislink Technologies Stock Performance

Shares of VISL stock opened at $2.50 on Monday. The company has a market capitalization of $6.17 million, a PE ratio of -0.71 and a beta of 1.27. The firm has a fifty day simple moving average of $3.50 and a 200-day simple moving average of $5.14. Vislink Technologies, Inc. has a twelve month low of $1.46 and a twelve month high of $8.15.

Vislink Technologies Company Profile

Vislink Technologies, Inc provides solutions for collecting live news, sports, entertainment, and news events for the broadcast markets in North America, South America, Europe, Asia, and internationally. The company offers live production products and solutions, such as wireless camera transmitter and receiver products comprising HCAM, a 4K Ultra HD-capable on-camera wireless system; Quantum, an ultra-low latency and waveform agnostic central receiver; IP Link 3.0, a studio-transmitter link system that enables broadcasting service platforms to access monetization opportunities; ViewBack is a lightweight, low-power, low latency, dual-channel diversity receiver-decoder; ultra-compact onboard solutions; and other receiver products, including CRx6, and CIRAS-X6.