Lee E. Mikles Sells 12,500 Shares of Pendrell Corp. (PCO) Stock
Pendrell Corp. (NASDAQ:PCO) insider Lee E. Mikles sold 12,500 shares of Pendrell Corp. stock in a transaction on Monday, November 28th. The stock was sold at an average price of $6.41, for a total transaction of $80,125.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Pendrell Corp. (NASDAQ:PCO) opened at 6.24 on Wednesday. Pendrell Corp. has a 1-year low of $4.50 and a 1-year high of $7.59. The company’s market cap is $161.93 million. The firm’s 50-day moving average is $6.76 and its 200 day moving average is $6.43.
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Pendrell Corp. Company Profile
Pendrell Corporation is engaged in the business of licensing and selling intellectual property (IP) rights to others. The Company invests in, acquires and monetizes IP rights. The Company’s subsidiaries hold patents that support over four IP licensing programs that it owns and manages, such as digital media, digital cinema, wireless technologies, and memory and storage technologies.
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