Insider Selling: Pendrell Corp. Insider Sells 46,500 Shares of Stock (PCO)
Pendrell Corp. (NYSE:PCO) Insider Joseph Kent Siino unloaded 46,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $2.04, for a total value of $94,860.00. Following the sale, the insider now directly owns 1,573,721 shares of the company’s stock, valued at approximately $3,210,391. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Pendrell Corp. (NYSE:PCO) traded down 3.09% during mid-day trading on Wednesday, hitting $1.88. The stock had a trading volume of 134,006 shares. Pendrell Corp. has a 1-year low of $1.04 and a 1-year high of $2.71. The stock’s 50-day moving average is $2.01 and its 200-day moving average is $2.15. The company’s market cap is $486.7 million.
Pendrell Corp. is an industrials company in the Research & Consulting Services industry.
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