Insider Selling: Sono-Tek CEO Sells 3,100 Shares of Stock (SOTK)
Sono-Tek (NASDAQ:SOTK) CEO Christopher L. Coccio sold 3,100 shares of Sono-Tek stock on the open market in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $1.25, for a total transaction of $3,875.00. Following the transaction, the chief executive officer now directly owns 514,367 shares of the company’s stock, valued at approximately $642,959. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Sono-Tek (NASDAQ:SOTK) opened at 1.24 on Monday. Sono-Tek has a 52 week low of $0.79 and a 52 week high of $1.26. The stock has a 50-day moving average of $1.18 and a 200-day moving average of $1.11. The company has a market cap of $18.2 million and a P/E ratio of 51.67.
Sono-Tek Corporation manufactures and wholesales ultrasonic nozzles systems, as well as developing nozzle systems and spraying and coating application systems.
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