Aero Grow International Inc. (OTCMKTS:AERO) major shareholder E Jeffrey Peierls sold 8,273 shares of the firm’s stock in a transaction dated Wednesday, September 28th. The stock was sold at an average price of $4.08, for a total value of $33,753.84. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Aero Grow International Inc. (OTCMKTS:AERO) opened at 4.50 on Friday. The stock’s 50 day moving average price is $3.46 and its 200 day moving average price is $2.71. The firm’s market cap is $38.58 million. Aero Grow International Inc. has a 12 month low of $0.86 and a 12 month high of $5.85.

Aero Grow International (OTCMKTS:AERO) last released its quarterly earnings data on Thursday, August 11th. The company reported ($0.20) earnings per share for the quarter. The company had revenue of $2.16 million for the quarter, compared to the consensus estimate of $1.57 million. Aero Grow International had a negative return on equity of 60.02% and a negative net margin of 4.78%. Equities research analysts predict 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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