Clinton Group Picked Glassbridge Enterprises Inc. (NYSE:GLA) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Glassbridge Enterprises Inc. (NYSE:GLA) reported that Clinton Group has picked up 116,408 of common stock as of 2017-03-28.

The acquisition brings the aggregate amount owned by Clinton Group to a total of 116,408 representing a 2.4% stake in the company.

For those not familiar with the company, GlassBridge Enterprises, Inc., formerly Imation Corp., is a holding company. The Company is a data storage and data security company. It operates through Nexsan segment. The Nexsan segment operates as its own product line. Its storage systems portfolio ranges from storage products to unified hybrid storage solutions for small and medium commercial businesses, enterprise and government customers. It consists of Imation Nexsan and Connected Data products. Its Nexsan portfolio features solid-state optimized unified hybrid storage systems, secure automated archive solutions and high-density enterprise storage arrays. Nexsan systems are delivered through a network of cloud service providers, value-added resellers (VARs) and solutions integrators. It offers global customers four main solution sets: the NST hybrid storage line, the Nexsan E-Series disk arrays, the Assureon line and the Transporter line. Its subsidiaries include GlassBridge Asset Management, LLC and Nexsan Corporation..

A glance at Glassbridge Enterprises Inc. (NYSE:GLA)’s key stats reveals a current market capitalization of 23.47 Million based on 4.94 Million shares outstanding and a price at last close of $4.38 per share.

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

Specifically, on 2016-03-28, De picked up 5,000 at a purchase price of $4.36. This brings their total holding to 262,620 as of the date of the filing.

On the sell side, the most recent transaction saw Clinton unload 36,100 shares at a sale price of $1.31. This brings their total holding to 1,704,901.

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 Glassbridge Enterprises Inc. (NYSE:GLA) as things move forward to see if its progress aligns with these transactions.

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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), 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.

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Here’s Who Just Picked Up Imation Corp. (NYSE:IMN) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Imation Corp (NYSE:IMN) reported that Private Capital Management has picked up 2,028,829 of common stock as of 2017-02-10.

The acquisition brings the aggregate amount owned by Private Capital Management to a total of 2,028,829 representing a 5.47% stake in the company.

For those not familiar with the company, Imation Corp. is a data storage and data security company. The Company operates in two business segments: Tiered Storage and Security Solutions (TSS), which consists of its commercial storage media and storage and security solutions (i.e. Nexsan and IronKey) businesses, and Consumer Storage and Accessories (CSA), which consists of its consumer storage media and audio and accessories businesses. Its Nexsan segment consists of storage systems portfolio, which ranges from dense storage products to unified storage solutions for small and medium commercial businesses, enterprise and government customers. Its IronKey segment line include the hardware encrypted universal serial bus (USB) drives, personal computer (PC) on a stick workspaces for Microsoft windows to go, and cloud-based or device management solutions. Its Storage Media and Accessories business segment distributes various products through retail and commercial channels across the world.

A glance at Imation Corp (NYSE:IMN)’s key stats reveals a current market capitalization of 37.28 million based on 49.74 million shares outstanding and a price at last close of $.760 per share.

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

Specifically, on 2015-07-28, De picked up 35,000 at a purchase price of $0.99. This brings their total holding to 252,620 as of the date of the filing.

On the sell side, the most recent transaction saw Clinton unload 36,100 shares at a sale price of $1.31. This brings their total holding to 1,704,901.

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 Imation Corp (NYSE:IMN) as things move forward to see if its progress aligns with these transactions.

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