China Yida Holding major shareholder Sells $53,739 in Stock (CNYD)
China Yida Holding (NASDAQ:CNYD) major shareholder Pope Investments Ii Llc unloaded 10,455 shares of the stock on the open market in a transaction dated Thursday, September 4th. The stock was sold at an average price of $5.14, for a total value of $53,738.70. Following the sale, the insider now directly owns 660,458 shares of the company’s stock, valued at approximately $3,394,754. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of China Yida Holding (NASDAQ:CNYD) traded up 7.69% during mid-day trading on Thursday, hitting $4.20. 182,610 shares of the company’s stock traded hands. China Yida Holding has a one year low of $2.52 and a one year high of $9.47. The stock’s 50-day moving average is $3.36 and its 200-day moving average is $3.62. The company’s market cap is $16.4 million.
China Yida Holding, Co, together with its subsidiaries, operate as a diversified entertainment company in the People’s Republic of China.
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