Insider Buying: Real Goods Solar, Inc. (RGSE) CEO Acquires 60,000 Shares of Stock
Real Goods Solar, Inc. (NASDAQ:RGSE) CEO Dennis J. Lacey bought 60,000 shares of the company’s stock in a transaction that occurred on Friday, August 17th. The stock was acquired at an average price of $0.34 per share, for a total transaction of $20,400.00. Following the completion of the acquisition, the chief executive officer now directly owns 120,000 shares in the company, valued at $40,800. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of Real Goods Solar stock traded up $0.01 during trading on Friday, hitting $0.34. The stock had a trading volume of 1,236,643 shares, compared to its average volume of 1,369,606. Real Goods Solar, Inc. has a 1 year low of $0.30 and a 1 year high of $3.25.
Real Goods Solar (NASDAQ:RGSE) last released its earnings results on Wednesday, August 15th. The energy company reported ($0.59) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.26). The firm had revenue of $3.63 million during the quarter, compared to analysts’ expectations of $3.47 million. Real Goods Solar had a negative return on equity of 222.80% and a negative net margin of 125.52%. equities research analysts predict that Real Goods Solar, Inc. will post -1.24 earnings per share for the current fiscal year.
About Real Goods Solar
Real Goods Solar, Inc operates as a residential and small business commercial solar energy engineering, procurement, and construction company in the United States. The company's Residential segment installs solar energy systems for homeowners, including lease financing, as well as small business commercial services in the continental U.S.
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