Trio-Tech International (NYSEAMERICAN:TRT) Director Jason T. Adelman sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, March 19th. The shares were sold at an average price of $5.76, for a total value of $17,280.00. Following the completion of the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $28,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of TRT stock opened at $5.60 on Thursday. Trio-Tech International has a 1 year low of $4.05 and a 1 year high of $8.47.
Trio-Tech International (NYSEAMERICAN:TRT) last released its earnings results on Monday, February 12th. The company reported $0.18 earnings per share for the quarter. Trio-Tech International had a return on equity of 12.47% and a net margin of 6.40%. The firm had revenue of $10.55 million during the quarter.
A number of hedge funds and other institutional investors have recently bought and sold shares of TRT. Virtu Financial LLC acquired a new stake in Trio-Tech International during the 4th quarter worth about $128,000. Stonebridge Capital Management Inc. grew its holdings in Trio-Tech International by 43.2% during the 4th quarter. Stonebridge Capital Management Inc. now owns 33,147 shares of the company’s stock worth $190,000 after acquiring an additional 10,000 shares during the period. Dimensional Fund Advisors LP grew its holdings in Trio-Tech International by 4.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 76,332 shares of the company’s stock worth $380,000 after acquiring an additional 3,500 shares during the period. Deutsche Bank AG grew its holdings in Trio-Tech International by 232.3% during the 4th quarter. Deutsche Bank AG now owns 75,159 shares of the company’s stock worth $526,000 after acquiring an additional 52,539 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in Trio-Tech International by 54.9% during the 4th quarter. Renaissance Technologies LLC now owns 329,900 shares of the company’s stock worth $2,313,000 after acquiring an additional 116,880 shares during the period.
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Trio-Tech International Company Profile
Trio-Tech International, together with its subsidiaries, provides manufacturing, testing, and distribution services to the semiconductor industry. The company's Testing Services segment offers stabilization bake, thermal shock, temperature cycling, mechanical shock, constant acceleration, gross and fine leak, electrical, static and dynamic burn-in, and vibration testing, as well as reliability lab and microprocessor equipment contract cleaning services.
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