Professional Diversity Network, Inc. (IPDN) Director Xianfang Liu Buys 6,200 Shares
Professional Diversity Network, Inc. (NASDAQ:IPDN) Director Xianfang Liu bought 6,200 shares of the business’s stock in a transaction on Tuesday, September 5th. The shares were bought at an average price of $4.71 per share, for a total transaction of $29,202.00. Following the completion of the acquisition, the director now owns 2,200 shares of the company’s stock, valued at $10,362. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Professional Diversity Network, Inc. (NASDAQ:IPDN) traded down 6.18% during trading on Thursday, reaching $5.48. The company’s stock had a trading volume of 49,892 shares. The company’s 50 day moving average price is $5.05 and its 200 day moving average price is $7.82. The company’s market cap is $21.47 million. Professional Diversity Network, Inc. has a 52 week low of $3.74 and a 52 week high of $13.90.
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An institutional investor recently raised its position in Professional Diversity Network stock. Vanguard Group Inc. lifted its holdings in shares of Professional Diversity Network, Inc. (NASDAQ:IPDN) by 27.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,497 shares of the information services provider’s stock after buying an additional 4,436 shares during the period. Vanguard Group Inc. owned about 0.52% of Professional Diversity Network worth $141,000 at the end of the most recent quarter. Institutional investors and hedge funds own 4.85% of the company’s stock.
Separately, ValuEngine lowered Professional Diversity Network from a “hold” rating to a “sell” rating in a report 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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