Insider Buying: The Guitammer Insider Acquires 11,000 Shares of Stock (GTMM)
The Guitammer (NASDAQ:GTMM) Insider Mark A. Luden acquired 11,000 shares of The Guitammer stock in a transaction that occurred on Friday, August 29th. The shares were purchased at an average price of $0.11 per share, for a total transaction of $1,210.00. Following the acquisition, the insider now directly owns 6,058,610 shares of the company’s stock, valued at approximately $666,447. The acquisition was disclosed in a filing with the SEC, which is available at this link.
The Guitammer (NASDAQ:GTMM) remained flat at $0.12 during trading on Tuesday. The Guitammer has a 52 week low of $0.02 and a 52 week high of $0.198. The stock has a 50-day moving average of $0.08 and a 200-day moving average of $0.1. The company’s market cap is $9.6 million.
The Guitammer Company is a research, development and licensing company and manufacturer and marketer of low frequency audio transducers that allows users to feel low frequency sound (NASDAQ:GTMM) like a subwoofer.
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