E Jeffrey Peierls Sells 8,273 Shares of Aero Grow International Inc. (AERO) Stock
Aero Grow International Inc. (OTCMKTS:AERO) major shareholder E Jeffrey Peierls sold 8,273 shares of the firm’s stock in a transaction on Wednesday, September 28th. The stock was sold at an average price of $4.08, for a total transaction of $33,753.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Aero Grow International Inc. (OTCMKTS:AERO) opened at 4.50 on Friday. Aero Grow International Inc. has a 12-month low of $0.86 and a 12-month high of $5.85. The company’s 50-day moving average is $3.46 and its 200 day moving average is $2.71. The stock’s market capitalization is $38.58 million.
Aero Grow International (OTCMKTS:AERO) last posted its earnings results on Thursday, August 11th. The company reported ($0.20) earnings per share for the quarter. Aero Grow International had a negative net margin of 4.78% and a negative return on equity of 60.02%. The business earned $2.16 million during the quarter, compared to analysts’ expectations of $1.57 million. On average, equities research analysts expect that Aero Grow International Inc. will post $105.00 earnings per share for the current fiscal year.
About Aero Grow International
AeroGrow International, Inc is a developer, marketer, direct-seller and wholesaler of indoor garden systems designed for consumer use in the gardening, cooking, healthy eating, and home and office decor markets. The Company offers multiple lines of indoor gardens, grow lights, nutrient formula, over 40 seed pod kits, and various cooking, gardening and decor accessories, in the United States and Canada, as well as selected countries in Europe, Asia and Australia.
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