Insider Buying: Novation Companies CEO Purchases 25,000 Shares of Stock (NOVC)
Novation Companies (NASDAQ:NOVC) CEO W Lance Anderson bought 25,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average cost of $0.25 per share, with a total value of $6,250.00. Following the transaction, the chief executive officer now directly owns 1,026,609 shares of the company’s stock, valued at approximately $256,652. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Novation Companies (NASDAQ:NOVC) remained flat at $0.27 during trading on Friday. The stock had a trading volume of 100,758 shares. Novation Companies has a one year low of $0.23 and a one year high of $0.43. The stock’s 50-day moving average is $0.27 and its 200-day moving average is $0.28. The company’s market cap is $24.7 million.
Novation Companies, Inc (NASDAQ:NOVC) is engaged in the business strategy of acquiring and operating technology-enabled service businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.