Liberator Medical Holdings Major Shareholder Sells $1,303,504 in Stock (LBMH)
Liberator Medical Holdings (NASDAQ:LBMH) major shareholder Millennium Partners, L.P. unloaded 279,123 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $4.67, for a total value of $1,303,504.41. Following the transaction, the insider now directly owns 7,599,079 shares in the company, valued at approximately $35,487,699. The transaction was disclosed in a document filed with the SEC, which is available at 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.
Separately, analysts at Dawson James initiated coverage on shares of Liberator Medical Holdings in a research note to investors on Monday. They set a “buy” rating and a $8.00 price target on the stock.
Liberator Medical Holdings (NASDAQ:LBMH) traded up 1.07% during mid-day trading on Friday, hitting $4.72. 444,162 shares of the company’s stock traded hands. Liberator Medical Holdings has a one year low of $0.70 and a one year high of $4.76. The stock’s 50-day moving average is $3.8 and its 200-day moving average is $2.36. The company has a market cap of $247.3 million and a P/E ratio of 33.36.
Liberator Medical Holdings, Inc is a national direct-to-consumer provider of medical supplies to Medicare-eligible seniors.
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