Michael J. Ferrantino Sells 10,100 Shares of LGL Group Inc (LGL) Stock

LGL Group Inc (NYSEAMERICAN:LGL) CEO Michael J. Ferrantino sold 10,100 shares of LGL Group stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $9.12, for a total value of $92,112.00. Following the completion of the sale, the chief executive officer now directly owns 83,188 shares in the company, valued at approximately $758,674.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

LGL Group stock opened at $9.10 on Tuesday. LGL Group Inc has a 52 week low of $5.10 and a 52 week high of $9.65.

LGL Group (NYSEAMERICAN:LGL) last posted its quarterly earnings results on Wednesday, May 8th. The industrial products company reported $0.12 EPS for the quarter. The business had revenue of $6.63 million for the quarter.

An institutional investor recently bought a new position in LGL Group stock. S. Muoio & CO. LLC purchased a new position in shares of LGL Group Inc (NYSEAMERICAN:LGL) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 45,674 shares of the industrial products company’s stock, valued at approximately $279,000. S. Muoio & CO. LLC owned 0.95% of LGL Group as of its most recent filing with the Securities & Exchange Commission.

Separately, TheStreet raised LGL Group from a “c+” rating to a “b-” rating in a research report on Thursday, January 31st.

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LGL Group Company Profile

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of standard and custom-engineered electronic components in the United States and internationally. The company operates in two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers packaged quartz crystals, oscillator modules, electronic filters, and integrated modules that are used primarily to control the frequency or timing of signals in electronic circuits.

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