Qualstar Corp. (QBAK) CEO William J Gervais buys 2,910 Shares

CEO & Pres, 10% Owner of Qualstar Corp. (QBAK, Financial) William J Gervais buys 2,910 shares of QBAK on 12/09/2009 at an average price of $1.96 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 $24.1 million; its shares were traded at around $1.96 with and P/S ratio of 1.4. The dividend yield of Qualstar Corp. stocks is 12.2%. Qualstar Corp. had an annual average earning growth of 12.4% over the past 5 years.

Insiders' Positions with QBAK

  • Buy:: CEO & Pres, 10% Owner William J Gervais bought 8,584 shares of QBAK stock on 12/01/2009 at the average price of 2, the price of the stock has decreased by 2% since

  • Buy:: CEO & Pres, 10% Owner William J Gervais bought 3,000 shares of QBAK stock on 11/19/2009 at the average price of 1.92, the price of the stock has increased by 2.08% since