UTStarcom Holdings Corp (UTSI)’s Director Management Capital Shah Is Betting On The Stock With 47,200 Shares


Management Capital Shah, Director at UTStarcom Holdings Corp (NASDAQ:UTSI) boosted 47,200 shares of common stock, at a Price of $ 2.60 per share. This purchase was pursued by Himanshu H. Shah directly, President of Shah Capital Management. Following this transaction, Management Capital Shah holds 393,591 shares at this communications & networking company. Additional shares were bought by Himanshu H. Shah as a BOD of UTStarcom Holdings Corp.

Over the course of this year, the only insider transaction witnessed by UTStarcom Holdings Corp (NASDAQ:UTSI) were Management Capital Shah’s. Director Shah acquired 3,082,119 shares during 2014, at prices ranging from $ 2.54 to $ 2.67, per share.

None of the important hedge funds we follow are currently engaged in activity at this $99.79 million Market Cap telecom infrastructure company.

Disclosure: None.

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