Insider Buying: Alanco Technologies CEO Buys 10,000 Shares of Stock (ALAN)
Alanco Technologies (NASDAQ:ALAN) CEO John A. Carlson purchased 10,000 shares of the stock on the open market in a transaction dated Wednesday, August 20th. The stock was purchased at an average price of $0.46 per share, with a total value of $4,600.00. Following the completion of the transaction, the chief executive officer now directly owns 193,935 shares of the company’s stock, valued at approximately $89,210. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Alanco Technologies (NASDAQ:ALAN) opened at 0.4101 on Tuesday. Alanco Technologies has a 52-week low of $0.31 and a 52-week high of $0.75. The stock’s 50-day moving average is $0.45 and its 200-day moving average is $0.45. The company’s market cap is $2.0 million.
Alanco Technologies, Inc (NASDAQ:ALAN) is focused on complete a merger (possibly a reverse merger) and remain an operating publicly traded company.