Global Telecom & Technology Major Shareholder Sells $26,044 in Stock (GTT)
Global Telecom & Technology (NYSE:GTT) major shareholder J Carlo Cannell sold 4,832 shares of Global Telecom & Technology stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $5.39, for a total transaction of $26,044.48. The sale was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Global Telecom & Technology (NYSE:GTT) traded down 0.37% during mid-day trading on Monday, hitting $5.40. 6,750 shares of the company’s stock traded hands. Global Telecom & Technology has a one year low of $1.02 and a one year high of $5.93. The stock has a 50-day moving average of $4.51 and a 200-day moving average of $4.00. The company’s market cap is $123.7 million.
Global Telecom & Technology (NYSE:GTT) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.46) earnings per share for the quarter. The company had revenue of $39.73 million for the quarter, compared to the consensus estimate of $40.10 million.
Global Telecom & Technology, Inc (NYSE:GTT), is a global network integrator providing a portfolio of Wide-Area Network (WAN), dedicated Internet access and managed data services.
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