Maoji Wang Acquires 13,330 Shares of Professional Diversity Network, Inc. (IPDN) Stock
Professional Diversity Network, Inc. (NASDAQ:IPDN) CEO Maoji Wang purchased 13,330 shares of Professional Diversity Network stock in a transaction that occurred on Wednesday, September 6th. The stock was purchased at an average price of $4.76 per share, with a total value of $63,450.80. Following the completion of the purchase, the chief executive officer now directly owns 25,100 shares in the company, valued at $119,476. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Maoji Wang also recently made the following trade(s):
- On Friday, June 9th, Maoji Wang purchased 18,000 shares of Professional Diversity Network stock. The stock was purchased at an average price of $8.16 per share, with a total value of $146,880.00.
Professional Diversity Network, Inc. (IPDN) traded down 6.18% during mid-day trading on Thursday, reaching $5.48. The company had a trading volume of 49,892 shares. Professional Diversity Network, Inc. has a 12-month low of $3.74 and a 12-month high of $13.90. The company’s market capitalization is $21.47 million. The stock has a 50-day moving average of $5.05 and a 200 day moving average of $7.82.
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An institutional investor recently raised its position in Professional Diversity Network stock. Vanguard Group Inc. raised its position in shares of Professional Diversity Network, Inc. (NASDAQ:IPDN) by 27.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,497 shares of the information services provider’s stock after purchasing an additional 4,436 shares during the period. Vanguard Group Inc. owned 0.52% of Professional Diversity Network worth $141,000 as of its most recent filing with the Securities and Exchange Commission. 4.85% of the stock is currently owned by institutional investors and hedge funds.
Separately, ValuEngine downgraded Professional Diversity Network from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.
Professional Diversity Network Company Profile
Professional Diversity Network, Inc is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service.
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