Insider Buying: American DG Energy CEO Buys 20,000 Shares of Stock (ADGE)
American DG Energy (NYSE:ADGE) CEO John Hatsopoulos purchased 20,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was purchased at an average price of $1.25 per share, for a total transaction of $25,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,476,820 shares in the company, valued at approximately $1,846,025. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of American DG Energy (NYSE:ADGE) remained flat at $1.24 during trading on Friday. 27,725 shares of the company’s stock traded hands. American DG Energy has a 1-year low of $1.18 and a 1-year high of $2.59. The stock has a 50-day moving average of $1.41 and a 200-day moving average of $1.97. The company’s market cap is $65.4 million.
American DG Energy (NYSE:ADGE) last announced its earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share for the quarter.
American DG Energy Inc (NYSE:ADGE) distributes, owns and operates clean, on-site energy systems that produce electricity, hot water, heat and cooling.
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.