Tuesday, May 14, 2013

Geeknet (GKNT) Has Some Insider Buying

Geeknet (GKNT) closed yesterday (02013.05.13) at $13.52. Kenneth Langone has invested another $67,000 in GKNT stock. Langone acquired 2500 shares $13.93 per share on 5/12 and he bought 2276 shares at $14.18 on 5/10. Langone bought 2200 shares at $15.07 on 3/12. Kenneth Langone is the Chairman of the Board of Geeknet Inc.

GKNT had a SIR (Short Interest Ratio) of 14.6 on 02013.04.30. GKNT closed yesterday (02013.05.13) at $13.52. 52-week range: $12.38 - $21.62.

[update::02013.05.15] Prior to the market opening: "Geeknet (Nasdaq:GKNT) has been downgraded by TheStreet Ratings from hold to sell." GKNT closed yesterday at $14.18.

[update::02013.05.17] Langone did more buying on 5/13. 2500 shares $14.12 and 2500 shares (non-open market) at $14.41.

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