Insider Selling: Trigran Investments, Inc. Sells 1,000,000 Shares of Scientific Learning Stock (SCIL)
Scientific Learning (NASDAQ:SCIL) major shareholder Trigran Investments, Inc. sold 1,000,000 shares of the stock on the open market in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $0.15, for a total value of $150,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Scientific Learning (NASDAQ:SCIL) traded up 36.11% during mid-day trading on Thursday, hitting $0.32. 78,528 shares of the company’s stock traded hands. Scientific Learning has a one year low of $0.12 and a one year high of $2.00. The stock’s 50-day moving average is $0.23 and its 200-day moving average is $0.46. The company’s market cap is $7.6 million.
Scientific Learning (NASDAQ:SCIL) last released its earnings data on Tuesday, November 12th. The company reported ($0.04) EPS for the quarter.
Scientific Learning Corporation develops, distributes the Fast ForWord family of software. The Company creates educational software that accelerates learning by improving the processing efficiency of the brain.
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