MagneTek Inc. (MAG) CFO Marty J Schwenner buys 1,250 Shares

Dec 03, 2009

Vice President & CFO of MagneTek Inc. (MAG, Financial) Marty J Schwenner buys 1,250 shares of MAG on 12/03/2009 at an average price of $1.53 a share.

Magnetek, Inc. manufactures digital power and motion control systems used in material handling, people moving, wireless communications and energy delivery. The Company is headquartered in Menomonee Falls, WI in the greater Milwaukee area and operates manufacturing plants in Pittsburgh, PA and Mississauga, Ontario, Canada as well as Menomonee Falls. Magnetek Inc. has a market cap of $47.2 million; its shares were traded at around $1.52 with a P/E ratio of 30.4 and P/S ratio of 0.4.

MAG is in the portfolios of Chuck Royce of ROYCE & ASSOCIATES.

Insiders' Positions with MAG

Buy:: President & CEO Peter M Mccormick bought 1,000 shares of MAG stock on 11/25/2009 at the average price of 1.23, the price of the stock has increased by 23.58% since

Insiders' Positions with MAG

Buy:: Vice President & CFO Marty J Schwenner bought 1,000 shares of MAG stock on 11/24/2009 at the average price of 1.22, the price of the stock has increased by 24.59% since
Buy:: Vice President & CFO Marty J Schwenner bought 1,000 shares of MAG stock on 11/24/2009 at the average price of 1.22, the price of the stock has increased by 24.59% since
Buy:: Vice President & CFO Marty J Schwenner bought 1,000 shares of MAG stock on 11/18/2009 at the average price of 1.23, the price of the stock has increased by 23.58% since

Insiders' Positions with MAG

Buy:: Director David A Sr Bloss bought 97,200 shares of MAG stock on 11/24/2009 at the average price of 1.22, the price of the stock has increased by 24.59% since
Sell:: 10% Owner Bryant R Riley sold 950,800 shares of MAG stock on 08/13/2009 at the average price of 1.51, the price of the stock has increased by 0.66% since

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