GAMCO Investors is Buying Mocon Inc. (NASDAQ:MOCO) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

CRYO American CryoStem Corp Continues, but is it tim...
Here's Who Just Picked Up Vycor Medical Inc. (OTCMKT...
Kadmon Holdings Inc. (NYSE:KDMN) is Attracting Smart...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Mocon Inc. (NASDAQ:MOCO) reported that GAMCO Investors has picked up 272,150 of common stock as of 2017-04-25.

The acquisition brings the aggregate amount owned by GAMCO Investors to a total of 272,150 representing less than 4.65% stake in the company.

For those not familiar with the company, MOCON, Inc. designs, manufactures, markets and services products, and provides consulting services, primarily in the test and measurement, analytical instrument and services markets. The Company’s segments are Permeation Products and Services (Permeation), Package Testing Products and Services (Package Testing), and Industrial Analyzer Products and Services and Other (Industrial Analyzers and Other). Its products include instruments that detect, measure and monitor gases and other chemical compounds. The Permeation segment includes instruments and services that measure the rate at which various gases and vapors permeate through a range of materials. The Package Testing segment manufactures and sells approximately three primary products, such as headspace analyzers, leak detection equipment and gas mixers. The Industrial Analyzers and Other segment manufactures and sells approximately two types of gas analyzer instruments, including gas chromatographs and total hydrocarbon analyzers.

A glance at Mocon Inc. (NASDAQ:MOCO)’s key stats reveals a current market capitalization of 175.43 Million based on 5.87 Million shares outstanding and a price at last close of $29.85 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-06-10, Goskowicz picked up 245 at a purchase price of $14.38. This brings their total holding to 1,000 as of the date of the filing.

On the sell side, the most recent transaction saw Demorest unload 2,000 shares at a sale price of $16.60. This brings their total holding to 209,175.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Mocon Inc. (NASDAQ:MOCO) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

Guess Who Just Picked Up Godaddy Inc. (NYSE:G...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Godaddy Inc. (NYSE:GDDY) reported that Yam Special Holdings, Inc. has
Here's Who Just Picked Up Homefed Corp (OTCMK...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Homefed Corp (OTCMKTS:HOFD) reported that Cumming Ian M. has picked
Cara Therapeutics Continues to Climb (NASDAQ:...
CARA We think Cara Therapeutics (NASDAQ: CARA), a boutique “clinical stage” biotech/biopharma firm which develops novel compounds (including

related post

Skip to content