GSA Capital Partners LLP Has $113,000 Stake in Ultralife Corp. (ULBI)
GSA Capital Partners LLP raised its stake in Ultralife Corp. (NASDAQ:ULBI) by 1.4% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 22,500 shares of the company’s stock after buying an additional 300 shares during the period. GSA Capital Partners LLP owned about 0.15% of Ultralife Corp. worth $113,000 as of its most recent filing with the SEC.
Separately, Algert Global LLC boosted its stake in shares of Ultralife Corp. by 54.5% in the first quarter. Algert Global LLC now owns 31,544 shares of the company’s stock valued at $162,000 after buying an additional 11,125 shares in the last quarter. Hedge funds and other institutional investors own 21.98% of the company’s stock.
Shares of Ultralife Corp. (NASDAQ:ULBI) traded down 1.00% during midday trading on Wednesday, hitting $3.95. 1,607 shares of the stock traded hands. The company has a market capitalization of $60.04 million, a price-to-earnings ratio of 28.01 and a beta of -0.07. Ultralife Corp. has a 52 week low of $3.73 and a 52 week high of $7.61. The firm’s 50-day moving average is $4.17 and its 200 day moving average is $4.59.
Ultralife Corp. (NASDAQ:ULBI) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.03 EPS for the quarter. Ultralife Corp. had a net margin of 2.89% and a return on equity of 3.94%. Equities analysts forecast that Ultralife Corp. will post $0.06 earnings per share for the current year.
In related news, Director Bradford T. Whitmore bought 49,985 shares of the company’s stock in a transaction dated Thursday, August 4th. The stock was purchased at an average price of $4.18 per share, with a total value of $208,937.30. Following the completion of the acquisition, the director now owns 197,486 shares of the company’s stock, valued at $825,491.48. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Bradford T. Whitmore bought 50,000 shares of the company’s stock in a transaction dated Friday, September 9th. The stock was bought at an average cost of $4.15 per share, with a total value of $207,500.00. Following the acquisition, the director now directly owns 293,023 shares of the company’s stock, valued at approximately $1,216,045.45. The disclosure for this purchase can be found here. Corporate insiders own 37.00% of the company’s stock.
Ultralife Corp. Company Profile
Ultralife Corporation offers products and services ranging from power solutions to communications, and electronics systems. The Company designs and manufactures power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems.
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