Crossroads Systems Inc (CRDS): Director Jeffrey E. Eberwin Raises Stake

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Jeffrey E. Eberwin, Director and large shareholder at Crossroads Systems Inc (NASDAQ:CRDS) disclosed the purchase of 20,880 shares of common stock through three different purchases, at prices ranging from $2.3586 to $2.6542 per unit, between the last October 15 and 17. This tripartite purchasing method has been used early this month to acquire 14,234 shares. Mr. Eberwin now indirectly owns a total of 2,376,045 shares, while directly owning an additional 22,763 shares.

Mark N. Diker’s Diker Management is the largest shareholding institution, amongst those we track, at Crossroads Systems Inc (NASDAQ:CRDS) with 489,169 shares of common stock, valued at an estimate $1.6 million, after reporting for the second quarter of 2014 a 39% positive change in its holdings.

Crossroads Systems Inc (NASDAQ:CRDS) provides, develops and markets patent pending products that provide online access to data archives through tape-based archive storage solutions that replace disk-based storage devices at a fraction of the cost, enabling businesses to change the way they approach their long-term data archiving needs.

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