Insider Selling: Louis A. Hoch Sells 30,000 Shares of Payment Data Systems Stock (PYDS)
Payment Data Systems (NASDAQ:PYDS) COO Louis A. Hoch sold 30,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $0.11, for a total value of $3,300.00. Following the completion of the sale, the chief operating officer now directly owns 32,154,707 shares of the company’s stock, valued at approximately $3,537,018. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Payment Data Systems (NASDAQ:PYDS) opened at 0.11 on Friday. Payment Data Systems has a 52 week low of $0.03 and a 52 week high of $0.13. The stock’s 50-day moving average is $0.10 and its 200-day moving average is $0.10. The company’s market cap is $15.1 million.
Payment Data Systems, Inc primarily operates as a processor of electronic payments for other companies.
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