Insider Buying: Probe Manufacturing Major Shareholder Buys 80,000 Shares of Stock (PMFI)
Probe Manufacturing (NASDAQ:PMFI) major shareholder Micro Cap S.A. Luxus bought 80,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was purchased at an average price of $0.12 per share, with a total value of $9,600.00. Following the completion of the acquisition, the insider now directly owns 5,840,000 shares of the company’s stock, valued at approximately $700,800. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Probe Manufacturing (NASDAQ:PMFI) opened at 0.135 on Wednesday. The stock’s 50-day moving average is $0. and its 200-day moving average is $0.. The company’s market cap is $3.1 million.
Probe Manufacturing, Inc provides a range of engineering, manufacturing and integrated supply chain services to original equipment manufacturers (NASDAQ:PMFI) companies, who design and market electronic products.
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