Ballantyne Strong Inc (NYSE:BTN) Director Global Investors Fundamental bought 100,000 shares of the stock in a transaction dated Thursday, August 10th. The shares were bought at an average cost of $5.87 per share, with a total value of $587,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Ballantyne Strong Inc (NYSE:BTN) opened at 6.45 on Thursday. The stock’s market capitalization is $92.98 million. The stock’s 50 day moving average is $6.58 and its 200-day moving average is $6.47. Ballantyne Strong Inc has a 52 week low of $5.47 and a 52 week high of $8.10.
Several large investors have recently modified their holdings of the company. SG Capital Management LLC raised its stake in shares of Ballantyne Strong by 1.3% in the second quarter. SG Capital Management LLC now owns 229,768 shares of the consumer goods maker’s stock valued at $1,539,000 after buying an additional 2,991 shares during the period. New York State Common Retirement Fund raised its stake in shares of Ballantyne Strong by 1.5% in the second quarter. New York State Common Retirement Fund now owns 336,535 shares of the consumer goods maker’s stock valued at $2,255,000 after buying an additional 4,823 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Ballantyne Strong by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,032,593 shares of the consumer goods maker’s stock valued at $6,918,000 after buying an additional 15,320 shares during the period. Prudential Financial Inc. acquired a new stake in shares of Ballantyne Strong during the second quarter valued at $239,000. Finally, Vanguard Group Inc. raised its stake in shares of Ballantyne Strong by 9.1% in the second quarter. Vanguard Group Inc. now owns 490,494 shares of the consumer goods maker’s stock valued at $3,286,000 after buying an additional 41,105 shares during the period.
Ballantyne Strong Company Profile
Ballantyne Strong, Inc is a holding company. The Company’s business activities focus on serving the cinema, retail, financial and government markets. The Company and its subsidiaries design, integrate and install technology solutions for a range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens, and provide managed services, including monitoring of networked equipment to its customers.
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