MoSys Inc. (NASDAQ:MOSY), saw an insider execute a transaction resulting in the rise of their holdings with the company. Chief Financial Officer James Sullivan acquired 3,829 shares at an average price of $2.74 per share. Following this move, Sullivan now holds a total of 34,737 shares directly with the company. Moreover, a $159.13 million market cap company, MoSys Inc. (NASDAQ:MOSY) together with its subsidiaries, is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs), and intellectual property (IP) for the high-speed networking, communications, storage and computing markets.
In addition, among the outside investors in the company is Billionaire Chuck Royce, whose hedge fund, Royce & Associates, has substantial involvement with the company. The fund maintained its position over the course of the last fiscal quarter, showing no movement, and now has a total of 182,275 shares worth about $572 thousand invested in MoSys Inc. (NASDAQ:MOSY).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.