A Director at DSP Group (DSPG) is Buying Shares

Today, a Director at DSP Group (NASDAQ: DSPG), Patrick Tanguy, bought shares of DSPG for $200K.

This recent transaction increases Patrick Tanguy’s holding in the company by 400% to a total of $254K.

See today’s analyst top recommended stocks >>

Based on DSP Group’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $28.11 million and GAAP net loss of $1.75 million. In comparison, last year the company earned revenue of $27.93 million and had a GAAP net loss of $2.87 million. Currently, DSP Group has an average volume of 59.17K.

Starting in April 2017, DSPG received 14 Buy ratings in a row. Seven different firms, including Canaccord Genuity and Dougherty, currently also have a Buy rating on the stock.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

DSP Group, Inc. engages in the provision of wireless chipset solutions for converged communications. It operates through three segments: Home, Office, and Mobile. The Home segment offers wireless chipset solutions for converged communication at home.