Insider Selling: BAB major shareholder Sells 10,450 Shares of Stock (BABB)
BAB (NASDAQ:BABB) major shareholder Jcp Investment Management, Llc sold 10,450 shares of the stock on the open market in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $0.76, for a total value of $7,942.00. The transaction was disclosed in a filing with the SEC, 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.
Shares of BAB (NASDAQ:BABB) traded down 6.41% on Wednesday, hitting $0.73. The stock had a trading volume of 1,816 shares. BAB has a one year low of $0.69 and a one year high of $0.95. The stock’s 50-day moving average is $0.78 and its 200-day moving average is $0.81. The company has a market cap of $5.3 million and a P/E ratio of 12.58.
BAB, Inc is engaged in the manufacturing and retailing of bakery and daily baked bagels, flavored cream cheeses, coffees, gourmet bagel sandwiches and other related products.
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