Here’s Who Just Picked Up Counterpath Corp (NASDAQ:CPAH) Shares


In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Counterpath Corp (NASDAQ:CPAH) reported that Bruk Steven has picked up 561,352 of common stock as of 2016-12-08.

The acquisition brings the aggregate amount owned by Bruk Steven to a total of 561,352 representing a 12.3% stake in the company.

For those not familiar with the company, CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks. The Company’s solutions range from software products to cloud-based services.

A glance at Counterpath Corp (NASDAQ:CPAH)’s key stats reveals a current market capitalization of $9.18 million based on 4.55 million shares outstanding and a price at last close of $2.00 per share.

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

Specifically, on 2016-12-05, Bruk picked up 14,300 at a purchase price of $17.50. This brings their total holding to 29,347 as of the date of the filing.

On the sell side, the most recent transaction saw Cooper unload 5,257 shares at a sale price of $1.09. This brings their total holding to 0.

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 Counterpath Corp (NASDAQ:CPAH) as things move forward to see if its progress aligns with these transactions.

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