Digital Ally (NASDAQ:KUST) Major Shareholder Purchases $28,628.01 in Stock

Digital Ally, Inc. (NASDAQ:KUST) major shareholder Financial Lp Hrt purchased 25,791 shares of Digital Ally stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of $1.11 per share, for a total transaction of $28,628.01. Following the transaction, the insider directly owned 72,507 shares in the company, valued at approximately $80,482.77. The trade was a 55.21% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Wednesday, July 1st, Financial Lp Hrt sold 54,638 shares of Digital Ally stock. The stock was sold at an average price of $1.44, for a total value of $78,678.72.

Digital Ally Price Performance

NASDAQ:KUST traded down $0.23 on Thursday, reaching $1.10. 1,251,736 shares of the stock traded hands, compared to its average volume of 1,702,205. Digital Ally, Inc. has a 1-year low of $0.85 and a 1-year high of $36.90.

Digital Ally Company Profile

Digital Ally, Inc produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; miniature body-worn digital video systems for law enforcement and private security; and VuLink, an in-car device that enables an in-car digital audio/video system and a body worn digital audio/video camera system to automatically and simultaneously start recording.