Qualstar Corp. (QBAK) CEO William J Gervais buys 10,000 Shares

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Feb 28, 2009
CEO & Pres, 10% Owner of Qualstar Corp. (QBAK, Financial) William J Gervais buys 10,000 shares of QBAK on 02/27/2009 at an average price of $1.7 a share.

Qualstar Corp. designs and manufactures the world's finest tape products. The company pioneered adapting 9-track tape technology from mainframesto desktop computing environments and have applied this experience to tape library systems for cartridge tape formats. The company's tape products are compatible with virtually every operating system and platform and are supported by applications packages from many leading developers such as Tivoli Systems and Computer Associates. Qualstar Corp. has a market cap of $22.79 million; its shares were traded at around $1.74 with and P/S ratio of 1.06. The dividend yield of Qualstar Corp. stocks is 12.9%. Qualstar Corp. had an annual average earning growth of 12.4% over the past 5 years.

Recent Trades of Qualstar Corp. by CEO:
  • Buy: CEO & Pres, 10% Owner William J Gervais bought 10,000 shares of QBAK stock on 02/27/2009 at the average price of $1.7; the price of the stock has increased by 2.35% since.

  • Buy: CEO & Pres, Director, 10% Owner William J Gervais bought 10,000 more shares of QBAK stock on 02/18/2009 at the average price of $1.5; the price of the stock has increased by 16% since.

  • Buy: CEO & Pres, Director, 10% Owner William J Gervais bought 8,000 more shares of QBAK stock on 02/17/2009 at the average price of $1.62; the price of the stock has increased by 7.41% since.

  • Buy: CEO & Pres, Director, 10% Owner William J Gervais bought 1,600 more shares of QBAK stock on 12/03/2008 at the average price of $2.16; the price of the stock has decreased by 19.44% since.

  • Buy: CEO & Pres, Director, 10% Owner William J Gervais bought 5,000 more shares of QBAK stock on 11/19/2008 at the average price of $2; the price of the stock has decreased by 13% since.





Recent Trades of Qualstar Corp. by Directors and Officers:
  • Buy: Director Stan Corker bought 5,000 shares of QBAK stock on 11/18/2008 at the average price of $2.03; the price of the stock has decreased by 14.29% since.

  • Buy: Director Stan Corker bought 5,000 more shares of QBAK stock on 11/14/2008 at the average price of $2.39; the price of the stock has decreased by 27.2% since.

  • Buy: Director Stan Corker bought 5,000 more shares of QBAK stock on 11/14/2008 at the average price of $2.39; the price of the stock has decreased by 27.2% since.

  • Sell: VP Engineering, Director, 10% Owner Richard A Nelson sold 2,318 shares of QBAK stock on 01/09/2009 at the average price of $2.27; the price of the stock has decreased by 23.35% since.

  • Sell: VP Engineering, Director, 10% Owner Richard A Nelson sold 2,700 more shares of QBAK stock on 01/06/2009 at the average price of $2.25; the price of the stock has decreased by 22.67% since.