Air T. Inc Buys 1,132,713 Shares of Insignia Systems, Inc. (ISIG) Stock

Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Air T. Inc bought 1,132,713 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was bought at an average cost of $1.25 per share, for a total transaction of $1,415,891.25. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of Insignia Systems, Inc. (NASDAQ:ISIG) traded up $0.13 on Wednesday, reaching $1.35. 1,532,800 shares of the company were exchanged, compared to its average volume of 507,670. The stock has a market capitalization of $15.69, a P/E ratio of -7.94 and a beta of 0.86. Insignia Systems, Inc. has a 1-year low of $0.90 and a 1-year high of $2.19.

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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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