Insider Buying: RiceBran Technologies CEO Buys 2,000 Shares of Stock (RIBT)
RiceBran Technologies (NASDAQ:RIBT) CEO W. John Short acquired 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $5.44 per share, for a total transaction of $10,880.00. Following the completion of the purchase, the chief executive officer now directly owns 138,680 shares in the company, valued at approximately $754,419. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of RiceBran Technologies (NASDAQ:RIBT) traded up 0.19% during mid-day trading on Friday, hitting $5.38. 133,239 shares of the company’s stock traded hands. RiceBran Technologies has a 52-week low of $3.56 and a 52-week high of $14.00. The stock’s 50-day moving average is $5.09 and its 200-day moving average is $5.12. The company’s market cap is $42.5 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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