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Novation Companies (NASDAQ:NOVC) CEO W Lance Anderson purchased 25,000 shares of Novation Companies stock in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average price 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 of the company’s stock, valued at approximately $256,652. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Novation Companies (NASDAQ:NOVC) opened at 0.27 on Friday. Novation Companies has a 1-year low of $0.23 and a 1-year high of $0.43. The stock has a 50-day moving average of $0.27 and a 200-day moving average of $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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