Solitron Devices, Inc. (SODI) Chairman David William Pointer Acquires 15,000 Shares

Solitron Devices, Inc. (OTCMKTS:SODI) Chairman David William Pointer acquired 15,000 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were acquired at an average cost of $1.75 per share, with a total value of $26,250.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of SODI traded down $0.05 during mid-day trading on Monday, reaching $1.70. 21,900 shares of the company’s stock were exchanged, compared to its average volume of 5,367. Solitron Devices, Inc. has a 52-week low of $1.30 and a 52-week high of $3.70.

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About Solitron Devices

Solitron Devices, Inc designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company offers various bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field effect transistors, field effect transistors, and other related products.

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