Shares of Guidance Software, Inc. GUID, a provider of endpoint investigation solutions for cybersecurity analytics, surged higher by more than 8 percent on Thursday after Shawn and Jennifer Lynn McCreight disclosed a 29.7 percent stake in the company.
Shawn McCreigh founded Guidance Software in 1997 and his been its Chief Technology Officer since 2003 and Jennifer is a major shareholder of the company.
In a 13D filing on Thursday, Shawn and Jennifer reported their combined stake in the company totaled 29.7 percent. The filing noted that the purchase in shares was made under the belief that the stock "were undervalued and represented an attractive investment opportunity."
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in