Insider Selling: Hans C. Noetzli Unloads 2,000 Shares of Aceto Stock (ACET)
Aceto (NASDAQ:ACET) Director Hans C. Noetzli sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $18.85, for a total transaction of $37,700.00. Following the completion of the sale, the director now directly owns 51,587 shares of the company’s stock, valued at approximately $972,415. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Aceto (NASDAQ:ACET) traded up 1.40% during mid-day trading on Tuesday, hitting $19.49. 138,198 shares of the company’s stock traded hands. Aceto has a 52 week low of $14.28 and a 52 week high of $25.25. The stock has a 50-day moving average of $18.10 and a 200-day moving average of $18.83. The company has a market cap of $559.9 million and a P/E ratio of 18.99.
Aceto Corporation (NASDAQ:ACET) is primarily engaged in the sourcing, regulatory support, quality assurance, marketing, sales and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products and specialty chemicals used principally as finished products or raw materials in the pharmaceutical, nutraceutical, agricultural, coatings and industrial chemical consuming industries.
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