Eliot Rose Asset Management Llc. Picked Up Ultralife Corp. (NASDAQ:ULBI) 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

ABBV AbbVie Inc Continues To Impress (NYSE:ABBV)
Infinity Pharmaceuticals (NASDAQ:INFI) Stock Bounces...
Richmond Brothers, Inc. Picked Rockwell Medical Inc....

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ultralife Corp. (NASDAQ:ULBI) reported that Eliot Rose Asset Management Llc. has picked up 1,229,715 of common stock as of 2017-02-15.

The acquisition brings the aggregate amount owned by Eliot Rose Asset Management Llc. to a total of 1,229,715 representing a 8.0% stake in the company.

For those not familiar with the company, 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. It operates through two segments: Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes lithium 9-volt, cylindrical and various other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems and accessories, such as cables. The Communications Systems segment includes radio frequency (RF) amplifiers, power supplies, amplified speakers, equipment mounts, case equipment, man-portable systems, communication systems for fixed or vehicle applications, and communications and electronics systems design. Its brands are Ultralife Batteries, Lithium Power, McDowell Research, AMTI and ABLE.

A glance at Ultralife Corp. (NASDAQ:ULBI)’s key stats reveals a current market capitalization of 1.39 billion based on 87.88 million shares outstanding and a price at last close of $5.45 per share.

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

Specifically, on 2016-11-15, Whitmore picked up 957 at a purchase price of $4.20. This brings their total holding to 327,330 as of the date of the filing.

On the sell side, the most recent transaction saw Anderson unload 4 shares at a sale price of $3.38. This brings their total holding to 11,455.

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 Ultralife Corp. (NASDAQ:ULBI) 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 :

Enzolytics (ENZC) Stock Attempts To Recovery:...

In the past two weeks, the Enzolytics Inc (OTCMKTS:ENZC) stock has been on the radars of many investors and that becomes far more

ATRWF Stock price is changing because of crit...

ATRWF Stock price has been trending upward, and is considered a trending stock with large volume and a 48% change in PPS in

Vivid Seats SEAT Stock Price, are you kidding...

Vivid Seats SEAT Stock Price is finally showing some life as it reverses trend. SEAT stock quote is up 15% in the last

related post

Skip to content