Midwood sells shares of Radyne, keeps 4.3% stake

By Lisa Kerner

Charlotte, N.C., May 16 - Radyne Corp. investors led by Midwood Capital Management LLC sold 355,000 shares of the company's stock between March 17 and May 15 priced from $8.40 to $11.25 apiece.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Midwood and its affiliates beneficially own 800,000 shares, or 4.3%, of the Phoenix-based communications products company.

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