4,474,053 Shares in DPW Holdings Inc (NYSEAMERICAN:DPW) Purchased by HMI Capital LLC

Share on StockTwits

HMI Capital LLC bought a new position in shares of DPW Holdings Inc (NYSEAMERICAN:DPW) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,474,053 shares of the technology company’s stock, valued at approximately $62,592,000. DPW accounts for 7.2% of HMI Capital LLC’s portfolio, making the stock its 7th largest holding. HMI Capital LLC owned 381.09% of DPW at the end of the most recent quarter.

Separately, Wedbush Securities Inc. bought a new stake in shares of DPW during the third quarter valued at approximately $25,000.

In other DPW news, major shareholder Ding Gu purchased 10,000 shares of DPW stock in a transaction that occurred on Friday, September 20th. The shares were bought at an average price of $2.70 per share, for a total transaction of $27,000.00. Following the completion of the transaction, the insider now owns 205,000 shares of the company’s stock, valued at approximately $553,500. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders purchased 32,000 shares of company stock worth $84,469 in the last 90 days.

Shares of DPW stock traded down $0.06 on Wednesday, hitting $0.85. 61,800 shares of the company traded hands, compared to its average volume of 231,580. DPW Holdings Inc has a 52 week low of $0.65 and a 52 week high of $176.00.

DPW Company Profile

DPW Holdings, Inc designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical and industrial-telecommunication industries in North America and Europe. The company offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers.

Recommended Story: Margin

Receive News & Ratings for DPW Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DPW and related companies with MarketBeat.com's FREE daily email newsletter.