KEQU - Kewaunee Scientific Director Makes $172K Stock Purchase | Benzinga
It was revealed in a recent SEC filing that John Russell, Director at Kewaunee Scientific (NASDAQ:KEQU) made a noteworthy insider purchase on December 15,.
What Happened: Russell's recent purchase of 7,500 shares of Kewaunee Scientific, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday, reflects confidence in the company's potential. The total transaction value is $172,361.
Kewaunee Scientific shares are trading up 0.69% at $23.51 at the time of this writing on Friday morning.
Delving into Kewaunee Scientific's Background
Kewaunee Scientific Corp is engaged in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The company operates through two segments: Domestic and International. The Domestic business segment designs manufacture and install scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, work surfaces, workstations, workbenches, and computer enclosures. The International business segment provides facility design, engineering, construction and project management from the planning stage through the testing and commissioning of laboratories. The company generates a majority of its revenue from the Domestic business segment.
Financial Insights: Kewaunee Scientific
Negative Revenue Trend: Examining Kewaunee Scientific's financials over 3 months reveals challenges. As of 31 October, 2023, the company experienced ...