Vislink Technologies sees insider purchase of $20,547 worth of shares

Published 26/02/2025, 02:24
Vislink Technologies sees insider purchase of $20,547 worth of shares

In a recent transaction involving Vislink Technologies, Inc. (NASDAQ:VISL), Martin M. Hale, Jr., through Hale Capital Partners (WA:CPAP), LP, acquired shares valued at approximately $20,547. The purchases were executed over several days, with shares bought at prices ranging from $2.50 to $2.514 per share. According to InvestingPro data, the stock is currently trading at a notably low Price/Book multiple of 0.2, suggesting potential undervaluation compared to its assets.

The acquisitions, which occurred between February 21 and February 25, 2025, increased the total number of shares owned by Hale Capital Partners to 332,513. These transactions were disclosed in a Form 4 filing with the Securities and Exchange Commission. The company maintains a strong liquidity position with a current ratio of 4.56, while holding more cash than debt on its balance sheet.

Martin M. Hale, Jr., as the CEO of Hale Capital Partners and managing member of Hale Fund Partners, LLC, is deemed to beneficially own these shares. The transactions highlight continued insider interest in Vislink Technologies, which specializes in communications equipment.

Investors often scrutinize insider trading activities for potential insights into a company’s future performance, and these recent acquisitions may draw attention to the company’s prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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