CCUR Holdings, Inc. (NASDAQ:CCUR) major shareholder Julian D. Singer purchased 10,100 shares of the firm’s stock in a transaction dated Tuesday, June 12th. The shares were bought at an average price of $5.30 per share, with a total value of $53,530.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of CCUR stock traded down $0.47 during trading hours on Thursday, hitting $4.85. CCUR Holdings, Inc. has a 1 year low of $4.62 and a 1 year high of $6.98.

CCUR announced that its Board of Directors has initiated a stock buyback program on Monday, March 5th that authorizes the company to buyback 1,000,000 shares. This buyback authorization authorizes the technology company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

A hedge fund recently raised its stake in CCUR stock. Geode Capital Management LLC lifted its stake in shares of CCUR Holdings, Inc. (NASDAQ:CCUR) by 100.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,208 shares of the technology company’s stock after purchasing an additional 42,604 shares during the period. Geode Capital Management LLC owned 0.86% of CCUR worth $490,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 29.13% of the company’s stock.

About CCUR

CCUR Holdings, Inc, formerly Concurrent Computer Corporation, is in the process of evaluating opportunities intended to maximize the value of its remaining assets. This will include the evaluation of opportunities to invest in or acquire one or more operating businesses.

Insider Buying and Selling by Quarter for CCUR (NASDAQ:CCUR)

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