Insider Buying: Laird Q. Cagan Buys 10,000 Shares of Blue Earth Stock (BBLU)
Blue Earth (NASDAQ:BBLU) Director Laird Q. Cagan acquired 10,000 shares of Blue Earth stock in a transaction dated Thursday, June 12th. The stock was purchased at an average cost of $2.50 per share, with a total value of $25,000.00. Following the transaction, the director now directly owns 510,000 shares in the company, valued at approximately $1,275,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Blue Earth (NASDAQ:BBLU) opened at 2.21 on Tuesday. Blue Earth has a 52-week low of $1.75 and a 52-week high of $3.65. The stock’s 50-day moving average is $2. and its 200-day moving average is $2.73. The company’s market cap is $141.3 million.
Blue Earth, Inc, is engaged in a mergers and acquisition in the clean-tech industry. The Company primary focus is acquiring companies and technologies that serve the energy efficiency services and renewable energy market sectors.
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