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CrowdGather (NASDAQ:CRWG) CEO Sanjay Sabnani purchased 70,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average cost of $0.11 per share, for a total transaction of $7,700.00. Following the transaction, the chief executive officer now directly owns 250,000 shares in the company, valued at approximately $27,500. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Shares of CrowdGather (NASDAQ:CRWG) traded down 4.35% during mid-day trading on Monday, hitting $0.11. 70,200 shares of the company’s stock traded hands. CrowdGather has a 52-week low of $0.05 and a 52-week high of $0.23. The stock’s 50-day moving average is $0.1 and its 200-day moving average is $0.10. The company’s market cap is $12.8 million.

CrowdGather, Inc (NASDAQ:CRWG) is an Internet Company.

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