Insider Buying: Professional Diversity Network CEO Purchases 3,340 Shares of Stock (IPDN)
Professional Diversity Network (NASDAQ:IPDN) CEO James R. Kirsch purchased 3,340 shares of Professional Diversity Network stock in a transaction dated Monday, June 9th. The stock was purchased at an average price of $4.28 per share, with a total value of $14,295.20. Following the completion of the transaction, the chief executive officer now directly owns 1,058,166 shares of the company’s stock, valued at approximately $4,528,950. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Professional Diversity Network (NASDAQ:IPDN) opened at 4.27 on Tuesday. Professional Diversity Network has a 52-week low of $2.77 and a 52-week high of $5.70. The stock has a 50-day moving average of $3.59 and a 200-day moving average of $3.67. The company’s market cap is $27.0 million.
Professional Diversity Network (NASDAQ:IPDN) last issued its quarterly earnings data on Wednesday, May 14th. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.02. On average, analysts predict that Professional Diversity Network will post $-0.19 earnings per share for the current fiscal year.
Professional Diversity Network, Inc, formerly Professional Diversity Network, LLC develops and operates online networks serving diverse professionals in the United States.
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