A significant insider transaction involving the exercise of company stock options was reported on February 14, by Kevin Buchel, Executive Vice President at NAPCO Security Techs (NASDAQ:NSSC), as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Buchel, Executive Vice President at NAPCO Security Techs, a company in the Information Technology sector, just exercised stock options worth 8,016 shares of NSSC stock with an exercise price of $15.65.
NAPCO Security Techs shares are trading, exhibiting up of 1.52% and priced at $44.05 during Wednesday's morning. This values Buchel's 8,016 shares at $227,624.
Get to Know NAPCO Security Techs Better
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.
NAPCO Security Techs: Delving into Financials
Revenue Growth: Over the 3 months period, NAPCO Security Techs showcased positive performance, achieving a revenue growth rate of 12.37% as of 31 ...