Insider Acquisition At Unitek Global Services Inc. (UNTK): Andrew Herning Acquires 956 Shares Of Common Stock, At A Price Of $0.5 Per Share.


Cfo at UniTek Global Services Inc. (NASDAQ:UNTK), Andrew Herning, acquired 956 shares of common stock, at a price of $0.5 per share. The transaction was executed in code D: “Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e),” (SEC). Following the reported transaction, Mr. Herning owns 73,274 shares at this $8.48 million Market Cap Company, in a direct form.

Insider acquisitions at UniTek Global Services Inc. (NASDAQ:UNTK) haven’t been frequent. In fact, last insider purchase was made by Chief Operating Officer Donald Gately  during Q4 2014: he bought 27,000 shares, at prices ranging from $3.62 to $3.65 per share.

Additionally, over the last reported quarter, New Mountain Capital, Steven B. Klinsky’s hedge fund kept its stake at the company stable. It owns more than 1 million shares, worth over $1.8 million, which represents 0.87% of the fund’s Equity Portfolio.

Disclosure: None.

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