A Director at Arotech Corp (ARTX) is Buying Shares

Today, a Director at Arotech Corp (NASDAQ: ARTX), Kenneth Cappell, bought shares of ARTX for $32.74K.

This recent transaction increases Kenneth Cappell’s holding in the company by 12.71% to a total of $307.8K. In addition to Kenneth Cappell, 2 other ARTX executives reported Buy trades in the last month.

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Based on Arotech Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $21.87 million and quarterly net profit of $83.48K. In comparison, last year the company earned revenue of $21.45 million and had a GAAP net loss of $594.6K. ARTX’s market cap is $86.08M and the company has a P/E ratio of 14.56. Currently, Arotech Corp has an average volume of 110.9K.

Starting in November 2017, ARTX received 8 Buy ratings in a row.

Kenneth Cappell’s trades have generated a 41.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Arotech Corp. is a defense and security company. The company operates through two divisions: Training & Simulation Division and Power Systems Division.