DS Healthcare Group major shareholder Unloads $31,163 in Stock (DSKX)
DS Healthcare Group (NASDAQ:DSKX) major shareholder Michael Strong sold 12,465 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $2.50, for a total transaction of $31,162.50. Following the sale, the insider now directly owns 1,767,636 shares in the company, valued at approximately $4,419,090. 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 sales and purchases with the SEC.
Separately, analysts at Aegis initiated coverage on shares of DS Healthcare Group in a research note to investors on Wednesday, October 30th. They set a “buy” rating and a $5.50 price target on the stock.
Shares of DS Healthcare Group (NASDAQ:DSKX) remained flat at $2.33 during trading on Tuesday. 24,565 shares of the company’s stock traded hands. DS Healthcare Group has a 52-week low of $1.41 and a 52-week high of $3.60. The stock’s 50-day moving average is $2.27 and its 200-day moving average is $2.01. The company’s market cap is $32.1 million.
DS Healthcare Group, Inc (NASDAQ:DSKX) is engaged in developing products for skin care and personal care needs.
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