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Public market insider buying at Magnet Forensics (T:MAGT)

Updated Wednesday Mar 15, 2023 03:08 AM EDT

Nellore Capital Management LLC, a 10% Holder, acquired 53,147 Subordinate Voting Shares on an indirect ownership basis for registered holder Nellore Capital Partners LP at prices ranging from $44.179 to $44.300 between March 13th, 2023 and March 14th, 2023. The insider also acquired 19,762 Subordinate Voting Shares on an indirect ownership basis for registered holder Nellore Capital Partners QP LP at prices ranging from $44.179 to $44.300 between March 13th, 2023 and March 14th, 2023. The insider also acquired 37,491 Subordinate Voting Shares on a control or direction basis for registered holder Managed Accounts at prices ranging from $44.179 to $44.300 between March 13th, 2023 and March 14th, 2023. This represents a $4,883,538 investment into the company's shares and an account share holdings change of 12.6%.

Magnet Forensics is in the Software Sub Industry Group under the Technology Sector.

Magnet Forensics Inc. is a Canada-based company, which is principally engaged in the development and sale of evidence recovery software tools and digital evidence management platforms. The Company acquires, analyzes, reports on and manages evidence from digital sources, including computers, mobile devices, Internet of things (IoT) devices and cloud services. The Company's software is used by approximately 4,000 public and private sector customers in over 90 countries and helps investigators fight crime, protect assets and guard national security. It provides its products for enterprise, law enforcement, service provider and federal agencies, and military and intelligence. The Company's products include Magnet AXIOM, Magnet AXIOM Cyber, Magnet Digital Investigation Suite, Magnet DVR Examiner, Magnet AUTOMATE, Magnet ATLAS, Magnet REVIEW, Magnet IGNITE and Magnet OUTRIDER.

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Go to Magnet Forensics Inc. (MAGT)'s company page

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