Great Lakes Aviation Major Shareholder Sells $55,000 in Stock (GLUX)
Great Lakes Aviation (NASDAQ:GLUX) major shareholder Gayle Brandt unloaded 50,000 shares of the company’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $1.10, for a total value of $55,000.00. Following the completion of the sale, the insider now directly owns 1,068,965 shares in the company, valued at approximately $1,175,862. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Shares of Great Lakes Aviation (NASDAQ:GLUX) traded up 1.82% during mid-day trading on Thursday, hitting $1.12. 3,650 shares of the company’s stock traded hands. Great Lakes Aviation has a 52-week low of $0.84 and a 52-week high of $2.15. The stock has a 50-day moving average of $1.12 and a 200-day moving average of $1.12. The company’s market cap is $10.1 million.
Great Lakes Aviation, Ltd. (NASDAQ:GLUX) operates hubs at Albuquerque, Denver, Los Angeles, Las Vegas, Minneapolis and Phoenix.
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