Insider Selling: Louis A. Hoch Unloads 25,700 Shares of Payment Data Systems Stock (PYDS)
Payment Data Systems (NASDAQ:PYDS) COO Louis A. Hoch unloaded 25,700 shares of Payment Data Systems stock on the open market in a transaction dated Friday, June 6th. The shares were sold at an average price of $0.09, for a total transaction of $2,313.00. Following the completion of the sale, the chief operating officer now directly owns 32,607,567 shares of the company’s stock, valued at approximately $2,934,681. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Payment Data Systems (NASDAQ:PYDS) remained flat at $0.095 during during mid-day trading trading on Monday. Payment Data Systems has a 1-year low of $0.03 and a 1-year high of $0.13. The stock has a 50-day moving average of $0.09 and a 200-day moving average of $0.08. The company’s market cap is $13.0 million.
Payment Data Systems, Inc primarily operates as a processor of electronic payments for other companies.
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