Sardar Biglari Sells 72,572 Shares of Insignia Systems, Inc. (ISIG) Stock
Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Sardar Biglari sold 72,572 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $1.34, for a total value of $97,246.48. Following the completion of the transaction, the insider now directly owns 11,788 shares of the company’s stock, valued at $15,795.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Sardar Biglari also recently made the following trade(s):
- On Thursday, December 7th, Sardar Biglari sold 3,100 shares of Insignia Systems stock. The shares were sold at an average price of $1.37, for a total value of $4,247.00.
- On Monday, December 4th, Sardar Biglari sold 18,629 shares of Insignia Systems stock. The shares were sold at an average price of $1.45, for a total value of $27,012.05.
- On Friday, December 1st, Sardar Biglari sold 4,487 shares of Insignia Systems stock. The shares were sold at an average price of $1.46, for a total value of $6,551.02.
Shares of Insignia Systems, Inc. (ISIG) opened at $1.29 on Wednesday. Insignia Systems, Inc. has a 12-month low of $0.90 and a 12-month high of $2.59.
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.
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