Insignia Systems, Inc. (ISIG) Major Shareholder Sardar Biglari Sells 18,629 Shares
Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Sardar Biglari sold 18,629 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $1.45, for a total value of $27,012.05. Following the transaction, the insider now owns 11,788 shares in the company, valued at $17,092.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Sardar Biglari also recently made the following trade(s):
- On Friday, December 1st, Sardar Biglari sold 4,487 shares of Insignia Systems stock. The stock was sold at an average price of $1.46, for a total value of $6,551.02.
Insignia Systems, Inc. (NASDAQ ISIG) traded down $0.05 during trading hours on Tuesday, reaching $1.40. The company’s stock had a trading volume of 16,543 shares, compared to its average volume of 74,991. Insignia Systems, Inc. has a one year low of $0.90 and a one year high of $2.59.
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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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