Rand Logistics, Inc. (NASDAQ:RLOG) CEO Edward Levy sold 154,971 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $0.23, for a total value of $35,643.33. Following the sale, the chief executive officer now owns 393,075 shares of the company’s stock, valued at approximately $90,407.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Edward Levy also recently made the following trade(s):

  • On Monday, December 4th, Edward Levy sold 120,000 shares of Rand Logistics stock. The shares were sold at an average price of $0.25, for a total value of $30,000.00.
  • On Friday, December 1st, Edward Levy sold 20,100 shares of Rand Logistics stock. The shares were sold at an average price of $0.28, for a total value of $5,628.00.

Rand Logistics, Inc. (NASDAQ RLOG) traded up $0.02 during midday trading on Friday, hitting $0.25. Rand Logistics, Inc. has a one year low of $0.19 and a one year high of $1.93.

Separately, ValuEngine downgraded Rand Logistics from a “sell” rating to a “strong sell” rating in a report on Thursday, November 16th.

An institutional investor recently raised its position in Rand Logistics stock. Renaissance Technologies LLC lifted its stake in shares of Rand Logistics, Inc. (NASDAQ:RLOG) by 11.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 166,700 shares of the shipping company’s stock after buying an additional 17,100 shares during the period. Renaissance Technologies LLC owned about 0.90% of Rand Logistics worth $107,000 at the end of the most recent quarter. Institutional investors and hedge funds own 20.43% of the company’s stock.

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Rand Logistics Company Profile

Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).

Insider Buying and Selling by Quarter for Rand Logistics (NASDAQ:RLOG)

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