Insider Selling: Profire Energy CFO Sells 54,348 Shares of Stock (PFIE)
Profire Energy (NASDAQ:PFIE) CFO Andrew Limpert unloaded 54,348 shares of the company’s stock on the open market in a transaction dated Thursday, October 10th. The stock was sold at an average price of $1.84, for a total value of $100,000.32. Following the completion of the transaction, the chief financial officer now directly owns 3,521,937 shares in the company, valued at approximately $6,480,364. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Profire Energy (NASDAQ:PFIE) traded up 2.40% on Thursday, hitting $2.56. The stock had a trading volume of 17,615 shares. Profire Energy has a 52-week low of $0.95 and a 52-week high of $3.40. The stock’s 50-day moving average is $2.17 and its 200-day moving average is $1.58. The company has a market cap of $115.8 million and a price-to-earnings ratio of 45.45.
Profire Energy, Inc (NASDAQ:PFIE), formerly The Flooring Zone, Inc is a manufacturer, installer and service oilfield burner management systems and related products.
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