The CEO of Parkervision (PRKR) is Buying Shares

Today, the CEO of Parkervision (NASDAQ: PRKR), Jeffrey Parker, bought shares of PRKR for $40K.

This recent transaction increases Jeffrey Parker’s holding in the company by 41.87% to a total of $196.5K. This is Parker’s first Buy trade following 3 Sell transactions.

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Based on Parkervision’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $38K and GAAP net loss of $4.49 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $3.73 million. Currently, Parkervision has an average volume of 50.24K.

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ParkerVision, Inc. engages in the business of wireless technologies. It specializes in the design, development, and marketing of radio frequency technologies for use in wireless communication products including its internally developed products. it offers demodulator, modulator, op amps, low noise amplifier, power management, transceiver, CDMA cellular chipset. The company was founded by Jeffrey L. Parker on August 22, 1989 and is headquartered in Jacksonville, FL.