Miller Lloyd I Iii Picked Up Qualstar Corp. (NASDAQ:QBAK) 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


GTHX Stock Price is down 77%, can it go higher? URGE...
Here's Who Just Picked Up Reata Pharmaceuticals Inc....
Columbia Wanger Asset Management is Buying Celldex T...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Qualstar Corp. (NASDAQ:QBAK) reported that Miller Lloyd I Iii. has picked up 102,171 of common stock as of 2017-02-17.

The acquisition brings the aggregate amount owned by Miller Lloyd I Iii. to a total of 102,171 representing a 5.04% stake in the company.

For those not familiar with the company, Qualstar Corporation is a provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The Company’s segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments. The Company offers switching power supplies that provide power solutions to original equipment manufacturers for a range of markets, including communications networking, industrial, gaming, test equipment, light emitting diode (LED)/lighting, and medical, as well as other market applications. Its storage products provide data protection and archive storage systems, which are used to record, retrieve and manage electronic data, primarily in networked computing environments.

A glance at Qualstar Corp. (NASDAQ:QBAK)’s key stats reveals a current market capitalization of 7.57 million based on 2.04 million shares outstanding and a price at last close of $3.93 per share.

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

Specifically, on 2015-03-12, Bronson picked up 12,415 at a purchase price of $1.50. This brings their total holding to 3,153,675 as of the date of the filing.

On the sell side, the most recent transaction saw Gervais unload 10,000 shares at a sale price of $3.95. This brings their total holding to 339,910.

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 Qualstar Corp (NASDAQ:QBAK) 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 :

Wellfield (TSXV-WFLD) Announced Big News!
Wellfield TSXV-WFLD announced massive news after the IPO which made it skyrocket. Famed stock picker, Alexander Goldman’s, much anticipated follow-up technical analysis below.
Infinity Pharmaceuticals (NASDAQ:INFI) Stock ...

On Tuesday, the Infinity Pharmaceuticals (NASDAQ:INFI) stock had suffered from a heavy selloff and had gone down by as much as 61%. However,

Guess Who Picked Covisint Corp (NASDAQ:COVS) ...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Covisint Corp (NASDAQ:COVS) reported that Dialectic Capital Management has picked up

related post

Skip to content