Chief executive Reynolds Bish has added to his stake in the California-based scanning software specialist Kofax.
He paid 467.3p a time for 10,000 shares, shelling out a total of £46,730. Following the purchase, he now has 36,150 shares in the company.
Late last month Kofax said it will acquire Massachusetts-based imaging software group Atalasoft for a maximum consideration of $9.7m.
Try 6 free issues of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Start your trial
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Bish was in 2003 named Ernst & Young's Software Entrepreneur of the Year for the San Diego area.
Latest Videos FromMoneyWeek
Top Director Buys
Bank of America Corp. (BAC) Director name: Mr Charles O. RossottiAmount purchased: 20,000 @ $11.56 Value: $231,100
Metric Property Investments (METP) Director name: Mr Andrew JonesAmount purchased: 55,720 @ 113.00p Value: £62,964
Kofax (KFX) Director name: Mr Reynolds Carl BishAmount purchased: 10,000 @ 467.30p Value: £46,730
Metric Property Investments (METP) Director name: Mr Valentine BeresfordAmount purchased: 34,693 @ 113.00p Value: £39,203
Metric Property Investments (METP) Director name: Mr Mark StirlingAmount purchased: 34,693 @ 113.00p Value: £39,203
MirLand Development Corp. (MLD) Director name: Mr Eliezer FishmanAmount purchased: 10,500 @ 292.00p Value: £30,660
Metric Property Investments (METP) Director name: Mr Sue FordAmount purchased: 26,808 @ 113.00p Value: £30,293
Top Director SellsBankers Petroleum Ltd. (BNK) Director name: Mr Robert M D CrossAmount sold: 500,000 @ 502.24p Value: £2,511,200
