Insider Buying: Silynxcom (NYSEAMERICAN:SYNX) CEO Purchases $25,272.24 in Stock

Silynxcom Ltd. (NYSEAMERICAN:SYNX – Get Free Report) CEO Nir Klein purchased 25,788 shares of the company’s stock in a transaction dated Monday, November 2nd. The stock was purchased at an average price of $0.98 per share, with a total value of $25,272.24. Following the completion of the purchase, the chief executive officer directly owned 50,149 shares in the company, valued at $49,146.02. The trade was a 105.86% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Nir Klein also recently made the following trade(s):

  • On Friday, October 30th, Nir Klein bought 13,286 shares of Silynxcom stock. The stock was purchased at an average cost of $0.84 per share, with a total value of $11,160.24.
  • On Thursday, October 29th, Nir Klein purchased 11,075 shares of Silynxcom stock. The shares were purchased at an average cost of $0.79 per share, for a total transaction of $8,749.25.

Silynxcom Trading Down 5.0%

Shares of NYSEAMERICAN:SYNX opened at $0.95 on Friday. Silynxcom Ltd. has a 52-week low of $0.65 and a 52-week high of $1.95. The business’s 50 day simple moving average is $0.87 and its two-hundred day simple moving average is $1.04.

Silynxcom (NYSEAMERICAN:SYNX – Get Free Report) last announced its quarterly earnings results on Monday, September 14th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $3.10 million for the quarter.

Silynxcom Company Profile

(Get Free Report)

Silynxcom Ltd. is an Israel-based communications technology company that develops and supplies tactical communication equipment for military, law enforcement, security and other professional users. Its products are designed to support reliable voice communication in demanding operating environments where users may need to coordinate while wearing helmets, protective gear or other equipment.

The company’s product portfolio includes tactical headsets, in-ear communication systems, push-to-talk devices, radio adapters, control units and related accessories.

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