Insider Selling: Insignia Systems, Inc. (ISIG) Major Shareholder Sells 165,556 Shares of Stock

Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Sardar Biglari sold 165,556 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $1.21, for a total value of $200,322.76. Following the transaction, the insider now directly owns 11,788 shares of the company’s stock, valued at $14,263.48. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Sardar Biglari also recently made the following trade(s):

  • On Thursday, December 28th, Sardar Biglari sold 161,852 shares of Insignia Systems stock. The stock was sold at an average price of $1.25, for a total value of $202,315.00.
  • On Monday, December 18th, Sardar Biglari sold 19,369 shares of Insignia Systems stock. The stock was sold at an average price of $1.25, for a total value of $24,211.25.
  • On Thursday, December 14th, Sardar Biglari sold 59,042 shares of Insignia Systems stock. The stock was sold at an average price of $1.25, for a total value of $73,802.50.
  • On Thursday, December 7th, Sardar Biglari sold 3,100 shares of Insignia Systems stock. The stock was sold at an average price of $1.37, for a total value of $4,247.00.
  • On Monday, December 11th, Sardar Biglari sold 72,572 shares of Insignia Systems stock. The stock was sold at an average price of $1.34, for a total value of $97,246.48.
  • On Monday, December 4th, Sardar Biglari sold 18,629 shares of Insignia Systems stock. The stock was sold at an average price of $1.45, for a total value of $27,012.05.
  • 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.

Shares of Insignia Systems, Inc. (NASDAQ ISIG) traded up $0.07 during trading on Wednesday, reaching $1.26. The company’s stock had a trading volume of 111,072 shares, compared to its average volume of 87,750. Insignia Systems, Inc. has a 52-week low of $0.90 and a 52-week high of $2.59. The firm has a market cap of $14.18, a P/E ratio of -7.41 and a beta of 0.86.

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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.

Insider Buying and Selling by Quarter for Insignia Systems (NASDAQ:ISIG)

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