Circle Entertainment Major Shareholder Brett Torino Purchases 7,781,209 Shares (CEXE)
Circle Entertainment (NASDAQ:CEXE) major shareholder Brett Torino acquired 7,781,209 shares of Circle Entertainment stock on the open market in a transaction that occurred on Monday, September 30th. The shares were purchased at an average cost of $0.03 per share, for a total transaction of $233,436.27. Following the completion of the acquisition, the insider now directly owns 176,238 shares of the company’s stock, valued at approximately $5,287. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Circle Entertainment (NASDAQ:CEXE) remained flat at $0.035 during trading on Tuesday. Circle Entertainment has a 1-year low of $0.02 and a 1-year high of $0.14. The stock’s 50-day moving average is $0.03 and its 200-day moving average is $0.03. The company’s market cap is $2.3 million.
Circle Entertainment Inc is engaged in the development and commercialization of its location-based entertainment line of business.
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