Insider Selling: Koss Co. (NASDAQ:KOSS) CFO Sells $365,600.00 in Stock

Koss Co. (NASDAQ:KOSS) CFO David Donnan Smith sold 16,000 shares of the stock in a transaction dated Thursday, April 1st. The shares were sold at an average price of $22.85, for a total transaction of $365,600.00. Following the completion of the transaction, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at approximately $228,500. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

David Donnan Smith also recently made the following trade(s):

  • On Monday, February 1st, David Donnan Smith sold 149,000 shares of Koss stock. The shares were sold at an average price of $40.51, for a total transaction of $6,035,990.00.

Koss stock opened at $21.44 on Thursday. The company has a 50 day moving average price of $20.55 and a 200-day moving average price of $9.69. Koss Co. has a fifty-two week low of $0.82 and a fifty-two week high of $127.45.

Koss (NASDAQ:KOSS) last posted its quarterly earnings results on Thursday, January 28th. The company reported $0.07 earnings per share for the quarter. Koss had a negative net margin of 0.15% and a negative return on equity of 0.19%. The firm had revenue of $4.93 million during the quarter.

An institutional investor recently raised its position in Koss stock. Renaissance Technologies LLC grew its stake in shares of Koss Co. (NASDAQ:KOSS) by 6.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 58,835 shares of the company’s stock after acquiring an additional 3,700 shares during the period. Renaissance Technologies LLC owned about 0.77% of Koss worth $202,000 at the end of the most recent quarter.

Separately, TheStreet downgraded shares of Koss from a “b-” rating to a “c” rating in a report on Wednesday, March 24th.

About Koss

Koss Corporation, together with its subsidiaries, designs, manufactures, and sells stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, the Russian Federation, Australia, Malaysia, and internationally. It offers high-fidelity headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and compact disc recordings under the Koss Classics label.

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Insider Buying and Selling by Quarter for Koss (NASDAQ:KOSS)

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