Insider Selling: Thomas W. Brown Unloads 200,000 Shares of GlobalSCAPE Stock (GSB)
GlobalSCAPE (NYSE:GSB) Director Thomas W. Brown sold 200,000 shares of GlobalSCAPE stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $2.52, for a total value of $504,000.00. Following the completion of the transaction, the director now directly owns 5,568,103 shares of the company’s stock, valued at approximately $14,031,620. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of GlobalSCAPE (NYSE:GSB) traded up 0.96% on Friday, hitting $2.625. The stock had a trading volume of 11,333 shares. GlobalSCAPE has a 52-week low of $1.48 and a 52-week high of $3.90. The stock has a 50-day moving average of $2.51 and a 200-day moving average of $2.48. The company has a market cap of $53.6 million and a P/E ratio of 13.27.
GlobalSCAPE, Inc develops and distributes software and hosted solutions, and provides associated services, for individuals and business users to securely exchange information over the Internet and within other network environments.
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