Insider Buying: Cannabis Sativa major shareholder Acquires 18,000 Shares of Stock (CBDS)
Cannabis Sativa (NASDAQ:CBDS) major shareholder Sadia P. Barrameda bought 18,000 shares of the stock in a transaction dated Monday, August 11th. The stock was purchased at an average cost of $5.56 per share, with a total value of $100,080.00. Following the purchase, the insider now directly owns 661,046 shares of the company’s stock, valued at approximately $3,675,416. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Cannabis Sativa (NASDAQ:CBDS) traded down 3.90% during mid-day trading on Wednesday, hitting $9.60. The stock had a trading volume of 7,721 shares. Cannabis Sativa has a 52 week low of $0.51 and a 52 week high of $18.00. The stock has a 50-day moving average of $8.47 and a 200-day moving average of $7.84. The company’s market cap is $112.5 million.
Cannabis Sativa, Inc is a development-stage company. The Company is engaged in developing, manufacturing, and selling plant-derived lotions, creams, and other formulations for human consumption.
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