Insider Buying: Ascent Solar Technologies major shareholder Purchases 2,270,309 Shares of Stock (ASTI)
Ascent Solar Technologies (NASDAQ:ASTI) major shareholder Tfg Radiant Investment Group L acquired 2,270,309 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were purchased at an average cost of $2.64 per share, with a total value of $5,993,615.76. Following the transaction, the insider now directly owns 3,873,594 shares in the company, valued at approximately $10,226,288. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Ascent Solar Technologies (NASDAQ:ASTI) traded down 11.22% on Wednesday, hitting $2.61. 812,104 shares of the company’s stock traded hands. Ascent Solar Technologies has a one year low of $1.82 and a one year high of $11.60. The stock has a 50-day moving average of $3.2 and a 200-day moving average of $4.69. The company’s market cap is $25.5 million.
Ascent Solar Technologies, Inc (NASDAQ:ASTI) is a development stage company formed to commercialize flexible photovoltaic (PV) modules using a technology.
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