Digital Power Co. (NYSEMKT:DPW) major shareholder Telecom Ltd Telkoor sold 2,714,610 shares of the company’s stock in a transaction dated Thursday, September 22nd. The shares were sold at an average price of $0.55, for a total transaction of $1,493,035.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Digital Power Co. (NYSEMKT:DPW) opened at 0.785 on Wednesday. The stock’s 50 day moving average is $0.80 and its 200 day moving average is $0.55. Digital Power Co. has a 12 month low of $0.35 and a 12 month high of $1.40. The stock’s market capitalization is $5.32 million.
About Digital Power
Digital Power Corporation (DPC) is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through Digital Power Limited (DPL)).
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