Profire Energy Inc. (NASDAQ:PFIE) insider Harold Albert sold 45,000 shares of the company’s stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $1.25, for a total value of $56,250.00. Following the sale, the insider now directly owns 11,601,100 shares in the company, valued at $14,501,375. The sale was disclosed in a filing with the SEC, which is available through this link.

Harold Albert also recently made the following trade(s):

  • On Monday, October 24th, Harold Albert sold 23,900 shares of Profire Energy stock. The stock was sold at an average price of $1.46, for a total value of $34,894.00.

Shares of Profire Energy Inc. (NASDAQ:PFIE) opened at 1.25 on Tuesday. The company’s 50-day moving average price is $1.25 and its 200 day moving average price is $1.16. Profire Energy Inc. has a 12-month low of $0.65 and a 12-month high of $1.49. The stock’s market cap is $66.66 million.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Societe Generale bought a new position in shares of Profire Energy during the second quarter valued at $166,000. Royce & Associates LP raised its stake in shares of Profire Energy by 5.5% in the second quarter. Royce & Associates LP now owns 2,904,392 shares of the company’s stock valued at $3,224,000 after buying an additional 152,351 shares during the last quarter. Northpointe Capital LLC raised its stake in shares of Profire Energy by 2.3% in the second quarter. Northpointe Capital LLC now owns 1,883,818 shares of the company’s stock valued at $2,091,000 after buying an additional 42,060 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of Profire Energy by 14.4% in the second quarter. Wolverine Asset Management LLC now owns 345,282 shares of the company’s stock valued at $383,000 after buying an additional 43,411 shares during the last quarter. Finally, Perkins Capital Management Inc. acquired a new stake in shares of Profire Energy during the second quarter valued at approximately $309,000. Institutional investors own 16.56% of the company’s stock.

Separately, Zacks Investment Research raised Profire Energy from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 12th.

About Profire Energy

Profire Energy, Inc is an oilfield technology company. The Company is primarily engaged in the business of developing combustion management technologies for the oil and gas industry. It specializes in the creation of burner-management systems, used on a range of oilfield natural-draft fire tube vessels.

5 Day Chart for NASDAQ:PFIE

Receive News & Stock Ratings for Profire Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Profire Energy Inc. and related stocks with our FREE daily email newsletter.