Torvec CEO Richard A. Kaplan Buys 15,000 Shares (TOVC)
Torvec (NASDAQ:TOVC) CEO Richard A. Kaplan acquired 15,000 shares of the stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was purchased at an average price of $0.33 per share, with a total value of $4,950.00. Following the acquisition, the chief executive officer now directly owns 25,000 shares of the company’s stock, valued at approximately $8,250. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Torvec (NASDAQ:TOVC) opened at 0.345 on Monday. Torvec has a 52 week low of $0.20 and a 52 week high of $0.50. The stock has a 50-day moving average of $0.27 and a 200-day moving average of $0.33. The company’s market cap is $15.8 million.
Torvec, Inc, is a development-stage company. The Company designs, develops, builds and commercializes its automotive technology portfolio.
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