Eastside Distilling Inc (ESDI) Major Shareholder Glenbrook Capital Lp Purchases 175,000 Shares of Stock
Eastside Distilling Inc (NASDAQ:ESDI) major shareholder Glenbrook Capital Lp acquired 175,000 shares of the firm’s stock in a transaction dated Wednesday, October 12th. The shares were purchased at an average cost of $0.10 per share, for a total transaction of $17,500.00. Following the acquisition, the insider now directly owns 12,774,915 shares in the company, valued at approximately $1,277,491.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Glenbrook Capital Lp also recently made the following trade(s):
- On Tuesday, October 11th, Glenbrook Capital Lp acquired 100,203 shares of Eastside Distilling stock. The shares were purchased at an average cost of $0.08 per share, for a total transaction of $8,016.24.
Shares of Eastside Distilling Inc (NASDAQ:ESDI) opened at 0.095 on Monday. The stock’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.09. Eastside Distilling Inc has a one year low of $0.04 and a one year high of $0.50. The firm’s market cap is $9.06 million.
About Eastside Distilling
Eastside Distilling, Inc (Eastside) is a manufacturer, developer, producer and marketer of master-crafted spirits. The Company’s beverage alcohol categories include bourbon, whiskey, rum and vodka. The Company operates through the marketing and distributing of hand-crafted spirits segment. Its brands include Burnside Bourbon, Burnside Oregon Oaked Bourbon, Barrel Hitch American Whiskey, Barrel Hitch Oregon Oak American Whiskey, Below Deck Silver Rum, Below Deck Ginger Rum, Below Deck Coffee Rum, Below Deck Spiced Rum, Portland Potato Vodka, Marionberry Whiskey and Cherry Bomb Whiskey.
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