Digital Ally major shareholder Sells $2,861,963 in Stock (DGLY)
Digital Ally (NASDAQ:DGLY) major shareholder Stephen Gans unloaded 381,087 shares of Digital Ally stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $7.51, for a total transaction of $2,861,963.37. Following the transaction, the insider now directly owns 17,500 shares of the company’s stock, valued at approximately $131,425. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Digital Ally (NASDAQ:DGLY) traded down 15.12% during mid-day trading on Monday, hitting $5.22. The stock had a trading volume of 1,742,657 shares. Digital Ally has a one year low of $3.03 and a one year high of $17.47. The stock has a 50-day moving average of $3.86 and a 200-day moving average of $6.3. The company’s market cap is $12.0 million.
Digital Ally (NASDAQ:DGLY) last issued its quarterly earnings data on Wednesday, May 14th. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $3.90 million for the quarter, compared to the consensus estimate of $4.80 million.
Digital Ally Inc (NASDAQ:DGLY) produces digital video imaging and storage products for use in law enforcement and security applications.
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