Insider Selling: Saba Software Major Shareholder Ardsley Advisory Partners Sells 15,000 Shares of Stock (SABA)
Saba Software (NASDAQ:SABA) major shareholder Ardsley Advisory Partners sold 15,000 shares of the company’s stock on the open market in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $12.36, for a total value of $185,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Saba Software (NASDAQ:SABA) traded up 0.16% during mid-day trading on Thursday, hitting $12.27. 2,572 shares of the company’s stock traded hands. Saba Software has a 1-year low of $6.36 and a 1-year high of $12.46. The stock’s 50-day moving average is $12.04 and its 200-day moving average is $10.58. The company’s market cap is $365.5 million.
Saba Software, Inc (NASDAQ:SABA) is a provider of people systems, which constitute a class of business-critical software that combines enterprise learning, people management and collaboration technologies.
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