Insider Selling: MGT Capital Investments Inc (MGTI) Insider Sells $276,000.00 in Stock
MGT Capital Investments Inc (OTCMKTS:MGTI) insider Robert Ladd sold 100,000 shares of MGT Capital Investments stock in a transaction on Monday, August 28th. The stock was sold at an average price of $2.76, for a total transaction of $276,000.00. Following the sale, the insider now owns 2,302,955 shares in the company, valued at approximately $6,356,155.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Robert Ladd also recently made the following trade(s):
- On Thursday, June 8th, Robert Ladd sold 67,850 shares of MGT Capital Investments stock. The stock was sold at an average price of $1.07, for a total transaction of $72,599.50.
- On Thursday, June 1st, Robert Ladd sold 132,150 shares of MGT Capital Investments stock. The stock was sold at an average price of $0.91, for a total transaction of $120,256.50.
Shares of MGT Capital Investments Inc (OTCMKTS:MGTI) opened at 3.95 on Thursday. MGT Capital Investments Inc has a 1-year low of $0.46 and a 1-year high of $4.50. The firm’s market capitalization is $157.63 million.
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Separately, ValuEngine upgraded shares of MGT Capital Investments from a “sell” rating to a “hold” rating in a research note on Tuesday.
About MGT Capital Investments
MGT Capital Investments, Inc is engaged in acquiring and developing a diverse portfolio of cyber security technologies. The Company addresses various cyber threats through protection technologies for mobile and personal tech devices, as well as corporate networks. It is also engaged in mining Bitcoin.
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