Insider Buying: Insignia Systems, Inc. (ISIG) Major Shareholder Acquires 15,316 Shares of Stock
Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Air T. Inc bought 15,316 shares of the company’s stock in a transaction on Tuesday, September 5th. The shares were purchased at an average cost of $1.10 per share, for a total transaction of $16,847.60. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Insignia Systems, Inc. (NASDAQ:ISIG) traded down 6.19% during trading on Friday, hitting $1.06. 18,974 shares of the company’s stock traded hands. The company’s 50 day moving average is $1.03 and its 200-day moving average is $1.14. Insignia Systems, Inc. has a 12 month low of $0.90 and a 12 month high of $2.65. The stock’s market cap is $12.54 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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