Rubicon Technology, Inc. (NASDAQ:RBCN) CEO Timothy Brog Acquires 7,600 Shares

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Rubicon Technology, Inc. (NASDAQ:RBCN) CEO Timothy Brog acquired 7,600 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was acquired at an average cost of $8.00 per share, for a total transaction of $60,800.00. Following the acquisition, the chief executive officer now owns 44,600 shares of the company’s stock, valued at approximately $356,800. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

RBCN opened at $8.00 on Tuesday. Rubicon Technology, Inc. has a 12-month low of $7.24 and a 12-month high of $9.46.

Rubicon Technology (NASDAQ:RBCN) last posted its quarterly earnings data on Tuesday, May 14th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $0.92 million for the quarter. Rubicon Technology had a net margin of 28.11% and a negative return on equity of 2.56%.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, June 28th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.00%.

Separately, TheStreet raised shares of Rubicon Technology from a “d” rating to a “c” rating in a report on Tuesday, April 16th.

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About Rubicon Technology

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and wafers, domes, tubes, and rods for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.

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