Koss (NASDAQ:KOSS) Director Lenore Lillie Purchases 2,500 Shares

Koss Corporation (NASDAQ:KOSS) Director Lenore Lillie purchased 2,500 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of $4.96 per share, for a total transaction of $12,400.00. Following the completion of the transaction, the director owned 2,500 shares in the company, valued at approximately $12,400. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Koss Price Performance

NASDAQ KOSS traded up $0.03 during trading on Friday, reaching $4.88. 8,399 shares of the company’s stock were exchanged, compared to its average volume of 89,487. The business has a 50 day moving average price of $4.93 and a 200-day moving average price of $5.38. The stock has a market capitalization of $46.13 million, a P/E ratio of -487.60 and a beta of -1.99. Koss Corporation has a fifty-two week low of $4.00 and a fifty-two week high of $8.59.

Koss (NASDAQ:KOSS) last announced its earnings results on Thursday, October 30th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $4.07 million for the quarter. Koss had a negative return on equity of 0.69% and a negative net margin of 1.57%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Koss in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Koss

A number of hedge funds and other institutional investors have recently bought and sold shares of KOSS. Two Sigma Investments LP acquired a new stake in Koss during the 3rd quarter worth approximately $68,000. Susquehanna International Group LLP bought a new stake in shares of Koss in the third quarter worth $74,000. Finally, Dimensional Fund Advisors LP increased its holdings in Koss by 118.5% in the third quarter. Dimensional Fund Advisors LP now owns 23,342 shares of the company’s stock valued at $119,000 after purchasing an additional 12,661 shares during the period. Institutional investors own 6.21% of the company’s stock.

Koss Company Profile

Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, Korea, Republic of Belgium, Malaysia, and internationally. It offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.