Novation Companies CEO Acquires $6,250 in Stock (NOVC)
Novation Companies (NASDAQ:NOVC) CEO W Lance Anderson purchased 25,000 shares of Novation Companies stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average cost of $0.25 per share, for a total transaction of $6,250.00. Following the transaction, the chief executive officer now directly owns 1,026,609 shares in the company, valued at approximately $256,652. The transaction was disclosed in a filing 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. 100,758 shares of the company’s stock traded hands. 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.
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