Insider Selling: Pvm International, Inc. Unloads 68,385 Shares of Medbox Stock (MDBX)
Medbox (NASDAQ:MDBX) major shareholder Pvm International, Inc. unloaded 68,385 shares of the stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $7.00, for a total transaction of $478,695.00. Following the transaction, the insider now directly owns 3,074,253 shares of the company’s stock, valued at approximately $21,519,771. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Medbox (NASDAQ:MDBX) traded down 0.26% on Friday, hitting $19.20. The stock had a trading volume of 18,484 shares. Medbox has a one year low of $8.11 and a one year high of $93.50. The stock has a 50-day moving average of $19.36 and a 200-day moving average of $25.23. The company’s market cap is $576.2 million.
Medbox Inc (NASDAQ:MDBX) offers a machine that dispenses medication to individuals based on biometric identification (fingerprint sample).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.