Insider Selling: James Michael Sells 10,100 Shares of Issuer Direct Corp Stock (ISDR)
Issuer Direct Corp (NASDAQ:ISDR) major shareholder James Michael sold 10,100 shares of Issuer Direct Corp stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $10.38, for a total value of $104,838.00. Following the completion of the transaction, the insider now directly owns 266,150 shares of the company’s stock, valued at approximately $2,762,637. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Issuer Direct Corp (NASDAQ:ISDR) traded up 3.37% during mid-day trading on Friday, hitting $10.75. 9,723 shares of the company’s stock traded hands. Issuer Direct Corp has a 1-year low of $3.50 and a 1-year high of $11.92. The stock has a 50-day moving average of $9.17 and a 200-day moving average of $8.71. The company has a market cap of $21.5 million and a P/E ratio of 26.67.
Issuer Direct Corporation is engaged in the provision of disclosure management solutions and cloud-based compliance technologies.
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