The VP-Marketing of Research Frontiers (NASDAQ: REFR) is Buying Shares

Yesterday, the VP-Marketing of Research Frontiers (REFRResearch Report), Michael Lapointe, bought shares of REFR for $13.57K.

Following this transaction Michael Lapointe’s holding in the company was increased by 23.67% to a total of $164.3K. In addition to Michael Lapointe, 2 other REFR executives reported Buy trades in the last month.

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Currently, Research Frontiers has an average volume of 80.11K. The company has a one-year high of $5.70 and a one-year low of $1.66. The Company has a Price to Book ratio of 19.78.

In the last 30 days, insiders have sold $938.6K worth of REFR shares and purchased $138.3K worth of REFR shares.

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Research Frontiers, Inc. engages in development, licensing and commercialization of suspended particle device (SPD) light-control technology for automobiles, homes, buildings, aircraft, boats, exhibition and display applications markets. It develops and licenses technologies to other companies that manufactures and markets SPD-smart chemical emulsion or light-control film made from chemical emulsion, lamination services and electronics to power end-products incorporating the film, skylights and sunroofs. The company was founded by Robert L. Saxe in October 1965 and is headquartered in Woodbury, NY.