- Shares of Intrusion rose 18% after a major stockholder bought $100,000 of additional shares
- Raymond Hyer purchased 306,800 shares of Intrusion at an average price of 33 cents apiece
- The purchase brings his total holdings up to nearly 2.75 million shares
- Intrusion shares are down nearly 89% year-to-date
Shares of Intrusion saw a significant increase after a major stockholder, Raymond Hyer, purchased $100,000 worth of additional shares. Hyer bought 306,800 shares at an average price of 33 cents per share, bringing his total holdings to nearly 2.75 million shares. This insider purchase has boosted investor confidence and resulted in an 18% rise in the stock price. However, it’s important to note that Intrusion shares have experienced a significant decline of almost 89% year-to-date.
