Insider Selling: Guy S. Cook Sells 1,365,000 Shares of Bacterin International Holdings Stock (BONE)
Bacterin International Holdings (NASDAQ:BONE) major shareholder Guy S. Cook unloaded 1,365,000 shares of the stock on the open market in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $0.66, for a total transaction of $900,900.00. Following the transaction, the insider now directly owns 2,260,049 shares of the company’s stock, valued at approximately $1,491,632. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Bacterin International Holdings (NASDAQ:BONE) traded up 0.62% during mid-day trading on Friday, hitting $0.71. 204,265 shares of the company’s stock traded hands. Bacterin International Holdings has a 52 week low of $0.37 and a 52 week high of $1.41. The stock’s 50-day moving average is $0.75 and its 200-day moving average is $0.6. The company’s market cap is $39.0 million.
Bacterin International Holdings (NASDAQ:BONE) last announced its earnings results on Tuesday, May 6th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.04. The company had revenue of $8.90 million for the quarter, compared to the consensus estimate of $9.73 million. On average, analysts predict that Bacterin International Holdings will post $-0.17 earnings per share for the current fiscal year.
Bacterin International Holdings, Inc (NASDAQ:BONE), formerly K-Kitz, Inc, develops, manufactures and markets biologics products to domestic and international markets through Bacterin’s biologics division.
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