PerfectData CEO Hikes Share in Company to 12.6%

Lee R. Mannheimer, president and chief executive of PerfectData Corp., bought 317,753 additional shares of PerfectData stock, lifting his stake in the Simi Valley office and computer products concern to 12.6%.

In a filing with the Securities and Exchange Commission, Mannheimer said he bought the latest shares on June 23 for 65 cents each, or $206,539. He now owns 417,753 of the company’s shares.

Mannheimer’s disclosure came two weeks after a Canadian investor, Sidney S. Deuitch, revealed he had bought about 6% of PerfectData. Deuitch also paid 65 cents a share for his 192,307 PefectData shares, or $125,000.