Air T. Inc Buys 48,659 Shares of Insignia Systems, Inc. (ISIG) Stock
Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Air T. Inc purchased 48,659 shares of the stock in a transaction on Tuesday, August 15th. The shares were bought at an average cost of $1.00 per share, for a total transaction of $48,659.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Insignia Systems, Inc. (NASDAQ:ISIG) remained flat at $0.98 on Wednesday. The company had a trading volume of 961 shares. The firm’s 50 day moving average is $1.02 and its 200 day moving average is $1.19. Insignia Systems, Inc. has a 1-year low of $0.90 and a 1-year high of $2.65. The stock’s market capitalization is $11.60 million.
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About Insignia Systems
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.
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