Insider Selling: EnviroStar CEO Sells 244,375 Shares of Stock (EVI)
EnviroStar (NYSE:EVI) CEO Michael S. Steiner sold 244,375 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $3.47, for a total value of $847,981.25. Following the sale, the chief executive officer now directly owns 2,528,746 shares in the company, valued at approximately $8,774,749. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of EnviroStar (NYSE:EVI) traded down 1.64% on Friday, hitting $3.236. 146,750 shares of the company’s stock traded hands. EnviroStar has a one year low of $1.30 and a one year high of $5.00. The stock’s 50-day moving average is $3.13 and its 200-day moving average is $2.75. The company has a market cap of $22.8 million and a price-to-earnings ratio of 10.35.
EnviroStar, Inc through its wholly-owned subsidiary, Steiner-Atlantic Corp. (NYSE:EVI), distributes commercial and industrial laundry and drycleaning equipment and steam and hot waters boilers manufactured by others; supplies replacement parts and accessories and provides maintenance services to its customers, and designs and plans laundry, drycleaning and boiler systems to meet the layout, volume and budget needs of its diversified institutional, retail, industrial and commercial customers.
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