CCUR Holdings, Inc. (CCUR) Major Shareholder Julian D. Singer Acquires 10,100 Shares of Stock
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.
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.
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