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Payment Data Systems (NASDAQ:PYDS) COO Louis A. Hoch sold 11,000 shares of Payment Data Systems stock on the open market in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $0.10, for a total value of $1,100.00. Following the completion of the transaction, the chief operating officer now directly owns 32,397,067 shares in the company, valued at approximately $3,239,707. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Payment Data Systems (NASDAQ:PYDS) opened at 0.1008 on Thursday. Payment Data Systems has a one year low of $0.03 and a one year high of $0.13. The stock’s 50-day moving average is $0.09 and its 200-day moving average is $0.09. The company’s market cap is $13.8 million.

Payment Data Systems, Inc primarily operates as a processor of electronic payments for other companies.

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