Insider Buying: ENGlobal Corporation (ENG) CEO Purchases $12,300.00 in Stock

ENGlobal Corporation (NASDAQ:ENG) CEO William A. Coskey acquired 15,000 shares of the stock in a transaction on Thursday, November 30th. The shares were purchased at an average price of $0.82 per share, for a total transaction of $12,300.00. Following the transaction, the chief executive officer now directly owns 100 shares in the company, valued at $82. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

ENGlobal Corporation (ENG) traded up $0.01 during mid-day trading on Monday, reaching $0.81. The company’s stock had a trading volume of 171,300 shares, compared to its average volume of 70,328. ENGlobal Corporation has a 1 year low of $0.73 and a 1 year high of $3.10.

Hedge funds have recently bought and sold shares of the business. Essex Investment Management Co. LLC bought a new position in ENGlobal during the 3rd quarter worth $184,000. Northern Trust Corp increased its position in ENGlobal by 810.3% during the 2nd quarter. Northern Trust Corp now owns 361,782 shares of the construction company’s stock worth $467,000 after buying an additional 322,038 shares during the period. Finally, Oppenheimer & Close LLC increased its position in ENGlobal by 2.0% during the 2nd quarter. Oppenheimer & Close LLC now owns 970,627 shares of the construction company’s stock worth $1,252,000 after buying an additional 19,000 shares during the period. Hedge funds and other institutional investors own 16.67% of the company’s stock.

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About ENGlobal

ENGlobal Corporation is engaged in providing engineering and professional services to the energy industry. The Company operates through two segments: Engineering, Procurement and Construction Management (EPCM), and Automation. The EPCM segment provides services relating to the development, management and execution of projects requiring professional engineering and related project services to the energy industry throughout the United States.

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