Furmanite Corporation (FRM): Jost’s Second Purchase


Kevin R. Jost, Director at Furmanite Corporation (NYSE:FRM) disclosed today the acquisition of 5,000 shares of common stock in the open market at a unit price of $6.46, through two separate and equal transactions, on November 4, 2014. This is Mr. Jost’s second purchase this year, and now indirectly owns 5,000 shares and an additional 58,000 directly.

No other insider has purchased Furmanite Corporation (NYSE:FRM)’s stock this year.

Mario Gabelli’s Gamco Investors is the largest shareholding institution (amongst those we track) at Furmanite Corporation (NYSE:FRM) with around 1.6 million shares, valued at an estimate $18 million, after reporting a 2% holding increment at the end of the second filling period of 2014.

Furmanite Corporation (NYSE:FRM) is an on-site industrial plant turnaround maintenance and on-line contractor engineered services, operating in two segments: Technical Services and Engineering & Project Solutions.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

Suggested Articles:

Best Selling Products On Etsy

Cheapest Boarding Schools In Europe