Insider Buying: Elmet Group (NASDAQ:ELMT) Director Buys 5,000 Shares of Stock

Elmet Group Co. (NASDAQ:ELMT) Director Kathie Merrill Leonard acquired 5,000 shares of the company’s stock in a transaction on Wednesday, April 22nd. The shares were acquired at an average price of $14.00 per share, for a total transaction of $70,000.00. Following the completion of the acquisition, the director directly owned 5,000 shares in the company, valued at $70,000. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Elmet Group Trading Down 5.8%

Shares of NASDAQ ELMT traded down $1.03 during trading on Friday, reaching $16.88. The stock had a trading volume of 1,730,141 shares. Elmet Group Co. has a one year low of $16.39 and a one year high of $22.25.

Elmet Group Company Profile

Elmet provides precision-engineered components and advanced high-energy systems for growth markets. Our customers in these markets require advanced technology involving critical and strategic materials, such as tungsten, molybdenum and niobium (such materials, the “Critical Materials”) and high-level radio frequency (“RF”) engineering, including plasma generation, radar, and other high-energy systems (together, “High-Power Microwave”). Our products and solutions are integral to the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries.