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Alanco Technologies (NASDAQ:ALAN) CEO John A. Carlson bought 10,000 shares of the stock in a transaction dated Wednesday, August 20th. The shares were purchased at an average cost of $0.46 per share, for a total transaction of $4,600.00. Following the completion of the transaction, the chief executive officer now directly owns 193,935 shares of the company’s stock, valued at approximately $89,210. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Alanco Technologies (NASDAQ:ALAN) traded down 7.32% on Friday, hitting $0.4101. 125 shares of the company’s stock traded hands. Alanco Technologies has a 1-year low of $0.31 and a 1-year high of $0.75. The stock has a 50-day moving average of $0.45 and a 200-day moving average of $0.45. The company’s market cap is $2.0 million.

Alanco Technologies, Inc (NASDAQ:ALAN) is focused on complete a merger (possibly a reverse merger) and remain an operating publicly traded company.

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