Susquehanna International Group LLP Has $1.55 Million Holdings in Frequency Electronics, Inc. (NASDAQ:FEIM)

Susquehanna International Group LLP boosted its stake in shares of Frequency Electronics, Inc. (NASDAQ:FEIM) by 204.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 83,538 shares of the communications equipment provider’s stock after buying an additional 56,134 shares during the quarter. Susquehanna International Group LLP’s holdings in Frequency Electronics were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of FEIM. Global Retirement Partners LLC acquired a new position in Frequency Electronics during the 4th quarter valued at $27,000. IFP Advisors Inc acquired a new position in Frequency Electronics during the 4th quarter valued at $85,000. JPMorgan Chase & Co. raised its stake in Frequency Electronics by 373.6% during the 4th quarter. JPMorgan Chase & Co. now owns 6,161 shares of the communications equipment provider’s stock valued at $114,000 after purchasing an additional 4,860 shares during the last quarter. Barclays PLC acquired a new position in Frequency Electronics during the 3rd quarter valued at $153,000. Finally, MYDA Advisors LLC acquired a new position in Frequency Electronics during the 4th quarter valued at $259,000. 58.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Frequency Electronics news, Director Russell M. Sarachek acquired 2,161 shares of the company’s stock in a transaction dated Thursday, March 27th. The stock was bought at an average price of $15.77 per share, for a total transaction of $34,078.97. Following the purchase, the director now owns 464,080 shares in the company, valued at $7,318,541.60. This represents a 0.47% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 26.10% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Frequency Electronics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 25th.

Frequency Electronics Price Performance

NASDAQ:FEIM opened at $16.94 on Tuesday. Frequency Electronics, Inc. has a one year low of $8.62 and a one year high of $20.33. The stock has a market cap of $163.93 million, a P/E ratio of 20.66 and a beta of 0.38. The company has a fifty day moving average price of $16.46 and a 200 day moving average price of $16.08.

Frequency Electronics (NASDAQ:FEIM) last announced its quarterly earnings data on Thursday, March 13th. The communications equipment provider reported $1.60 earnings per share (EPS) for the quarter. Frequency Electronics had a net margin of 13.02% and a return on equity of 21.49%. The company had revenue of $18.93 million during the quarter.

Frequency Electronics Company Profile

Frequency Electronics, Inc, together with its subsidiaries, engages in designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S.