Insider Buying: Talon International CFO Buys 60,000 Shares of Stock (TALN)
Talon International (NASDAQ:TALN) CFO Nancy Agger-Nielsen acquired 60,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $0.20 per share, for a total transaction of $12,000.00. Following the purchase, the chief financial officer now directly owns 100,000 shares in the company, valued at approximately $20,000. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Talon International (NASDAQ:TALN) traded down 7.59% during mid-day trading on Friday, hitting $0.1802. 1,000 shares of the company’s stock traded hands. Talon International has a 52 week low of $0.13 and a 52 week high of $0.47. The stock has a 50-day moving average of $0. and a 200-day moving average of $0.25. The company has a market cap of $16.6 million and a price-to-earnings ratio of 0.99.
Talon International (NASDAQ:TALN) last released its earnings data on Monday, August 11th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. Analysts expect that Talon International will post $0.02 EPS for the current fiscal year.
Talon International, Inc specializes in the manufacturing and distribution of a range of apparel accessories, including zippers and trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers.
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