BofA warns Fed risks policy mistake with early rate cuts
New York-based Hale Capital Partners (WA:CPAP), LP, a significant stakeholder in Vislink Technologies, Inc. (NASDAQ:VISL), has increased its holdings in the company. According to a recent SEC filing, Hale Capital acquired 1,000 shares of Vislink’s common stock at a price of $2.398 per share, amounting to a total purchase value of $2,398. The transaction comes as Vislink, currently valued at $6.05 million in market capitalization, trades at a notably low Price/Book multiple of 0.18. InvestingPro analysis suggests the stock is currently undervalued.
The transaction, dated April 29, 2025, adds to Hale Capital’s existing stake, bringing their total ownership to 377,594 shares. Martin M. Hale, Jr., CEO of Hale Capital Partners, LP, is noted as having a beneficial interest in the shares through his roles in related entities. Despite challenging market conditions reflected in a -59.68% six-month return, the company maintains strong revenue growth of 21.07% over the last twelve months.
This acquisition reflects continued interest and investment in Vislink Technologies by its major shareholders. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report for deeper analysis of VISL’s financial health and growth prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.