Ultralife Corp. (NASDAQ:ULBI) CFO Philip A. Fain acquired 3,552 shares of the stock in a transaction dated Friday, December 15th. The shares were purchased at an average price of $6.20 per share, for a total transaction of $22,022.40. Following the completion of the transaction, the chief financial officer now owns 70,000 shares of the company’s stock, valued at approximately $434,000. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Ultralife Corp. (NASDAQ ULBI) traded down $0.05 on Friday, hitting $6.05. The stock had a trading volume of 12,377 shares, compared to its average volume of 26,047. The company has a market capitalization of $94.55, a PE ratio of 16.81 and a beta of -0.16. Ultralife Corp. has a 1-year low of $4.70 and a 1-year high of $7.90.

Ultralife (NASDAQ:ULBI) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $21.05 million for the quarter. Ultralife had a return on equity of 7.83% and a net margin of 6.61%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Algert Global LLC increased its position in shares of Ultralife by 18.2% during the third quarter. Algert Global LLC now owns 97,386 shares of the technology company’s stock valued at $657,000 after purchasing an additional 15,004 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Ultralife by 7.4% during the third quarter. Dimensional Fund Advisors LP now owns 925,975 shares of the technology company’s stock valued at $6,250,000 after purchasing an additional 64,075 shares during the period. Global X MANAGEMENT CO LLC increased its position in shares of Ultralife by 141.2% during the third quarter. Global X MANAGEMENT CO LLC now owns 286,186 shares of the technology company’s stock valued at $1,932,000 after purchasing an additional 167,553 shares during the period. Nationwide Fund Advisors increased its position in shares of Ultralife by 714.3% during the third quarter. Nationwide Fund Advisors now owns 27,474 shares of the technology company’s stock valued at $185,000 after purchasing an additional 24,100 shares during the period. Finally, Numeric Investors LLC bought a new stake in shares of Ultralife during the second quarter valued at approximately $357,000. Institutional investors and hedge funds own 26.22% of the company’s stock.

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About Ultralife

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 and accessories, and custom engineered systems.

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