Insider Buying: IEH Co. (IEHC) Major Shareholder Purchases 2,500 Shares of Stock

IEH Co. (OTCMKTS:IEHC) major shareholder Zeff Capital, Lp bought 2,500 shares of the stock in a transaction on Friday, May 24th. The stock was purchased at an average cost of $17.98 per share, with a total value of $44,950.00. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

OTCMKTS:IEHC traded up $0.90 during trading hours on Friday, hitting $18.00. The stock had a trading volume of 2,800 shares, compared to its average volume of 1,845. IEH Co. has a one year low of $8.70 and a one year high of $22.00. The company has a market capitalization of $41.45 million, a PE ratio of 8.04 and a beta of 0.33.

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About IEH

IEH Corporation designs, develops, and manufactures printed circuit board connectors and custom interconnects for high performance applications. Its products include are used as basic components of larger assemblies of finished goods. The company markets its products directly to original equipment manufacturers, as well as through authorized representatives and distributors primarily to government, military, aerospace, medical, automotive, industrial, test equipment, and commercial electronic markets.

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