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

Vislink Technologies, Inc. (NASDAQ:VISL) major shareholder Hale Capital Partners, Lp acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average cost of $2.45 per share, with a total value of $49,000.00. Following the transaction, the insider now directly owns 295,415 shares of the company’s stock, valued at approximately $723,766.75. This represents a 7.26 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Vislink Technologies Price Performance

Vislink Technologies stock opened at $2.50 on Monday. Vislink Technologies, Inc. has a 52-week low of $1.46 and a 52-week high of $8.15. The firm has a fifty day moving average of $3.50 and a 200-day moving average of $5.14. The firm has a market capitalization of $6.17 million, a P/E ratio of -0.71 and a beta of 1.27.

About Vislink Technologies

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.