Rand Logistics, Inc. (NASDAQ:RLOG) CEO Edward Levy sold 48,127 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $0.22, for a total transaction of $10,587.94. Following the sale, the chief executive officer now directly owns 249,877 shares of the company’s stock, valued at approximately $54,972.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Edward Levy also recently made the following trade(s):

  • On Thursday, December 7th, Edward Levy sold 154,971 shares of Rand Logistics stock. The stock was sold at an average price of $0.23, for a total transaction of $35,643.33.
  • On Monday, December 4th, Edward Levy sold 120,000 shares of Rand Logistics stock. The stock was sold at an average price of $0.25, for a total transaction of $30,000.00.
  • On Friday, December 1st, Edward Levy sold 20,100 shares of Rand Logistics stock. The stock was sold at an average price of $0.28, for a total transaction of $5,628.00.

Rand Logistics, Inc. (NASDAQ:RLOG) traded up $0.01 during trading on Thursday, hitting $0.22. 2,951,920 shares of the stock were exchanged, compared to its average volume of 1,177,990. Rand Logistics, Inc. has a fifty-two week low of $0.19 and a fifty-two week high of $1.93.

An institutional investor recently raised its position in Rand Logistics stock. Renaissance Technologies LLC raised its holdings in shares of Rand Logistics, Inc. (NASDAQ:RLOG) by 11.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,700 shares of the shipping company’s stock after buying an additional 17,100 shares during the quarter. Renaissance Technologies LLC owned about 0.90% of Rand Logistics worth $107,000 as of its most recent SEC filing. Institutional investors own 20.43% of the company’s stock.

Separately, ValuEngine lowered shares of Rand Logistics from a “sell” rating to a “strong sell” rating in a report on Thursday, November 16th.

COPYRIGHT VIOLATION NOTICE: “Rand Logistics, Inc. (RLOG) CEO Sells $10,587.94 in Stock” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another site, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/14/rand-logistics-inc-rlog-ceo-sells-10587-94-in-stock.html.

Rand Logistics Company Profile

Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).

Insider Buying and Selling by Quarter for Rand Logistics (NASDAQ:RLOG)

Receive News & Ratings for Rand Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rand Logistics and related companies with MarketBeat.com's FREE daily email newsletter.