Insider Selling: KiOR Major Shareholder Sells 167,047 Shares of Stock (KIOR)
KiOR (NASDAQ:KIOR) major shareholder Stuart Peterson unloaded 167,047 shares of the company’s stock on the open market in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $1.69, for a total value of $282,309.43. Following the transaction, the insider now directly owns 251,522 shares of the company’s stock, valued at approximately $425,072. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
KiOR (NASDAQ:KIOR) traded down 1.13% during mid-day trading on Tuesday, hitting $1.75. The stock had a trading volume of 372,983 shares. KiOR has a one year low of $1.30 and a one year high of $7.02. The stock has a 50-day moving average of $1.90 and a 200-day moving average of $2.82. The company’s market cap is $192.6 million.
KiOR (NASDAQ:KIOR) last released its earnings data on Thursday, November 7th. The company reported ($0.40) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.33) by $0.07. The company had revenue of $720.00 million for the quarter, compared to the consensus estimate of $1.89 million. During the same quarter in the prior year, the company posted ($0.26) earnings per share. On average, analysts predict that KiOR will post $-1.43 earnings per share for the current fiscal year.
KiOR, Inc (NASDAQ:KIOR), is development- stage company.
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