Insider Selling: Green Earth Technologies Major Shareholder Sells 50,000 Shares of Stock (GETG)
Green Earth Technologies (NASDAQ:GETG) major shareholder Industries Co Ltd Techtronic sold 50,000 shares of the stock on the open market in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $0.12, for a total transaction of $6,000.00. Following the completion of the sale, the insider now directly owns 28,841,667 shares of the company’s stock, valued at approximately $3,461,000. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Green Earth Technologies (NASDAQ:GETG) traded down 8.33% during mid-day trading on Wednesday, hitting $0.11. 304,568 shares of the company’s stock traded hands. Green Earth Technologies has a 52-week low of $0.10 and a 52-week high of $0.30. The stock’s 50-day moving average is $0.13 and its 200-day moving average is $0.1. The company’s market cap is $18.4 million.
Green Earth Technologies, Inc (NASDAQ:GETG) markets, sells and distributes a range of environmentally-friendly, bio-based performance and cleaning products to the automotive aftermarket, outdoor power equipment and marine and markets.
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