Insider Buying: John A. Carlson Acquires 14,000 Shares of Alanco Technologies Stock (ALAN)
Alanco Technologies (NASDAQ:ALAN) CEO John A. Carlson bought 14,000 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average cost of $0.46 per share, with a total value of $6,440.00. Following the completion of the transaction, the chief executive officer now directly owns 183,935 shares of the company’s stock, valued at approximately $84,610. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Alanco Technologies (NASDAQ:ALAN) remained flat at $0.44 during during mid-day trading trading on Tuesday. Alanco Technologies has a 1-year low of $0.31 and a 1-year high of $0.75. The stock’s 50-day moving average is $0.48 and its 200-day moving average is $0.45. The company’s market cap is $2.2 million.
Alanco Technologies, Inc (NASDAQ:ALAN) is focused on complete a merger (possibly a reverse merger) and remain an operating publicly traded company.
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