Milestone Scientific (NYSE:MLSS) Major Shareholder S.R.L. Bp4 Sells 80,000 Shares

Milestone Scientific Inc. (NYSE:MLSS) major shareholder S.R.L. Bp4 sold 80,000 shares of Milestone Scientific stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $0.43, for a total transaction of $34,400.00. Following the completion of the transaction, the insider owned 8,996,765 shares of the company’s stock, valued at $3,868,608.95. This trade represents a 0.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

S.R.L. Bp4 also recently made the following trade(s):

• On Friday, October 24th, S.R.L. Bp4 sold 100,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.44, for a total transaction of $44,000.00.
• On Wednesday, October 22nd, S.R.L. Bp4 sold 14,427 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total value of $6,492.15.
• On Tuesday, October 21st, S.R.L. Bp4 sold 40,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.44, for a total value of $17,600.00.
• On Monday, October 20th, S.R.L. Bp4 sold 24,034 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total value of $10,815.30.
• On Tuesday, October 14th, S.R.L. Bp4 sold 30,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.54, for a total value of $16,200.00.
• On Monday, October 13th, S.R.L. Bp4 sold 10,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.55, for a total value of $5,500.00.
• On Friday, October 10th, S.R.L. Bp4 sold 10,158 shares of Milestone Scientific stock. The stock was sold at an average price of $0.55, for a total value of $5,586.90.
• On Wednesday, October 8th, S.R.L. Bp4 sold 30,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.47, for a total value of $14,100.00.
• On Tuesday, October 7th, S.R.L. Bp4 sold 10,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total transaction of $4,500.00.
• On Friday, October 3rd, S.R.L. Bp4 sold 19,210 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total transaction of $8,644.50.

Milestone Scientific Stock Down 5.5%

NYSE MLSS opened at $0.43 on Thursday. The firm has a 50 day moving average of $0.52 and a two-hundred day moving average of $0.70. The stock has a market capitalization of $34.02 million, a PE ratio of -6.18 and a beta of 0.88. Milestone Scientific Inc. has a 52 week low of $0.38 and a 52 week high of $1.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. XTX Topco Ltd boosted its holdings in Milestone Scientific by 99.2% in the first quarter. XTX Topco Ltd now owns 34,135 shares of the company’s stock valued at $32,000 after purchasing an additional 17,002 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Milestone Scientific by 416.7% in the 2nd quarter. Raymond James Financial Inc. now owns 62,000 shares of the company’s stock valued at $39,000 after buying an additional 50,000 shares in the last quarter. Brookwood Investment Group LLC acquired a new position in shares of Milestone Scientific in the 1st quarter valued at $46,000. Finally, Carnegie Investment Counsel acquired a new position in shares of Milestone Scientific in the 2nd quarter valued at $105,000. 5.79% of the stock is owned by institutional investors and hedge funds.

Milestone Scientific Company Profile

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.