DPW Holdings Inc (NYSEAMERICAN:DPW) shares traded down 7.7% on Wednesday . The stock traded as low as $0.72 and last traded at $0.72. 1,700 shares traded hands during trading, a decline of 100% from the average session volume of 491,830 shares. The stock had previously closed at $0.78.
In other news, insider Ault & Company, Inc. bought 1,000,000 shares of DPW stock in a transaction that occurred on Wednesday, February 20th. The shares were purchased at an average price of $0.12 per share, with a total value of $120,000.00. Following the completion of the acquisition, the insider now directly owns 1,722,024 shares in the company, valued at $206,642.88. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought 1,497,667 shares of company stock worth $178,900 in the last three months.
A hedge fund recently raised its stake in DPW stock. GSA Capital Partners LLP raised its holdings in DPW Holdings Inc (NYSEAMERICAN:DPW) by 56.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,083,983 shares of the technology company’s stock after acquiring an additional 392,200 shares during the quarter. GSA Capital Partners LLP owned 1.54% of DPW worth $454,000 as of its most recent filing with the SEC.
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About DPW (NYSEAMERICAN:DPW)
DPW Holdings, Inc designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical and industrial-telecommunication industries in North America and Europe. The company offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers.
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