Mats Dahlin, Director at Neonode, Inc. (NASDAQ:NEON), completed a stock acquisition yesterday, buying 40,000 shares of Common Stock, directly, and paying a weighted average price of $3.08 per share. This is the insider’s second stock purchase of the fiscal year so far, as he reported buying 50,000 shares of Common Stock in May, paying a price of $3.77 per share at the time. Following Dahlin’s latest transaction, he now holds a total of 90,000 company shares to his name.
Stock purchases have been very common at the $124.2 million market cap firm, which develops and licenses optical multi touch solutions and user interface solutions for handheld devices. The firm’s Chief Executive Officer, Thomas Bjorn Eriksson, acquired 100,000 at the beginning of June, paying a price of $3.07 for each share and marking his third stock purchase of the year. The insider had previously bought 20,000 shares of Common Stock in April, paying $5.08 per share and following his last transaction he now owns 1,804,755 Neonode shares.