Insider Buying: Authentidate Holding major shareholder Buys 704,225 Shares of Stock (ADAT)
Authentidate Holding (NASDAQ:ADAT) major shareholder Lazarus Investment Partners Ll bought 704,225 shares of the stock on the open market in a transaction dated Friday, August 29th. The stock was purchased at an average price of $0.71 per share, for a total transaction of $499,999.75. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Authentidate Holding (NASDAQ:ADAT) remained flat at $0.72 during trading on Tuesday. The stock had a trading volume of 68,238 shares. Authentidate Holding has a 1-year low of $0.44 and a 1-year high of $1.88. The stock has a 50-day moving average of $0.67 and a 200-day moving average of $0.85. The company’s market cap is $27.6 million.
Authentidate Holding Corp. (NASDAQ:ADAT) is a provider of secure health information exchange, workflow management services and telehealth solutions.
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