Insider Buying: Bingo.com major shareholder Purchases 29,790 Shares of Stock (BNGOF)
Bingo.com (NASDAQ:BNGOF) major shareholder Tryon M. Williams acquired 29,790 shares of the stock on the open market in a transaction that occurred on Thursday, June 26th. The shares were purchased at an average cost of $0.42 per share, with a total value of $12,511.80. Following the completion of the acquisition, the insider now directly owns 20,203,964 shares in the company, valued at approximately $8,485,665. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Shares of Bingo.com (NASDAQ:BNGOF) opened at 0.42 on Tuesday. Bingo.com has a one year low of $0.13 and a one year high of $0.65. The stock has a 50-day moving average of $0.46 and a 200-day moving average of $0.44. The company’s market cap is $29.2 million.
Bingo.com, Ltd. is in the business of owning and marketing a bingo based entertainment Website that provides a range of Internet games plus other forms of entertainment, including an online community, chat rooms, and more.
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