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Stock impact report

Independent Director of Richardson Electronics James Benham Buys 49% More Shares [Yahoo! Finance]

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: Yahoo! Finance
Whilst it may not be a huge deal, we thought it was good to see that the Richardson Electronics, Ltd. NASDAQ:RELL ) Independent Director, James Benham, recently bought US$60k worth of stock, for US$13.29 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 49%. The Last 12 Months Of Insider Transactions At Richardson Electronics In fact, the recent purchase by James Benham was the biggest purchase of Richardson Electronics shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$13.56 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrow Show less Read more
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