Insider Buying: Dale Belt Buys 5,000 Shares of RiceBran Technologies Stock (RIBT)
RiceBran Technologies (NASDAQ:RIBT) CFO Dale Belt purchased 5,000 shares of the stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $5.08 per share, for a total transaction of $25,400.00. Following the acquisition, the chief financial officer now directly owns 5,000 shares of the company’s stock, valued at approximately $25,400. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of RiceBran Technologies (NASDAQ:RIBT) traded up 2.30% on Monday, hitting $4.90. The stock had a trading volume of 350 shares. RiceBran Technologies has a 1-year low of $3.56 and a 1-year high of $14.00. The stock’s 50-day moving average is $5.12 and its 200-day moving average is $5.13. The company’s market cap is $31.6 million.
RiceBran Technologies, formerly NutraCea, is a human food ingredient and animal nutrition company focused on the procurement, bio-refining and marketing of products derived from rice bran.
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