EnSync Inc (ESNC) Major Shareholder Jilun He Acquires 667,316 Shares
EnSync Inc (NYSEMKT:ESNC) major shareholder Jilun He bought 667,316 shares of EnSync stock in a transaction that occurred on Saturday, October 8th. The shares were acquired at an average cost of $1.07 per share, with a total value of $714,028.12. Following the acquisition, the insider now owns 5,191,543 shares of the company’s stock, valued at $5,554,951.01. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Jilun He also recently made the following trade(s):
- On Thursday, September 29th, Jilun He bought 1,306,737 shares of EnSync stock. The shares were acquired at an average cost of $0.94 per share, with a total value of $1,228,332.78.
EnSync Inc (NYSEMKT:ESNC) opened at 1.18 on Wednesday. The company’s 50 day moving average is $0.86 and its 200 day moving average is $0.47. The stock’s market cap is $56.35 million. EnSync Inc has a one year low of $0.13 and a one year high of $1.30.
Separately, Zacks Investment Research cut shares of EnSync from a “hold” rating to a “sell” rating in a report on Thursday, September 15th.
EnSync Company Profile
EnSync, Inc, formerly ZBB Energy Corporation, develops, licenses, and manufactures energy management systems solutions serving the utility, commercial and industrial (C&I) building, utility, and off-grid markets. The Company develops and commercializes application solutions for advanced energy management systems critical to the transition from a coal-centric economy to one reliant on renewable energy sources.
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