Majesco Entertainment (NASDAQ:COOL) Director Jeffrey Hansen Dyer acquired 3,000 shares of the stock in a transaction dated Tuesday, April 17th. The shares were bought at an average cost of $16.57 per share, with a total value of $49,710.00. Following the completion of the purchase, the director now directly owns 23,522 shares in the company, valued at $389,759.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

NASDAQ:COOL opened at $17.06 on Friday. Majesco Entertainment has a twelve month low of $10.33 and a twelve month high of $32.63.

Several analysts have recently issued reports on COOL shares. ValuEngine raised shares of Majesco Entertainment from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Cantor Fitzgerald started coverage on shares of Majesco Entertainment in a research note on Wednesday, February 14th. They set an “overweight” rating and a $70.00 price objective for the company. BidaskClub raised shares of Majesco Entertainment from a “sell” rating to a “hold” rating in a research note on Tuesday, April 3rd. Finally, Zacks Investment Research raised shares of Majesco Entertainment from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Tuesday, April 17th.

Several large investors have recently bought and sold shares of COOL. Gilder Gagnon Howe & Co. LLC acquired a new position in shares of Majesco Entertainment during the 4th quarter valued at $1,507,000. Wells Fargo & Company MN lifted its holdings in shares of Majesco Entertainment by 265.8% during the 4th quarter. Wells Fargo & Company MN now owns 16,825 shares of the company’s stock valued at $391,000 after acquiring an additional 12,225 shares in the last quarter. Advisor Group Inc. lifted its holdings in shares of Majesco Entertainment by 133.6% during the 4th quarter. Advisor Group Inc. now owns 49,180 shares of the company’s stock valued at $1,141,000 after acquiring an additional 28,130 shares in the last quarter. Ardsley Advisory Partners acquired a new position in shares of Majesco Entertainment during the 4th quarter valued at $327,000. Finally, Millennium Management LLC acquired a new position in shares of Majesco Entertainment during the 4th quarter valued at $3,057,000. Institutional investors and hedge funds own 4.89% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2018/04/22/insider-buying-majesco-entertainment-cool-director-acquires-3000-shares-of-stock.html.

About Majesco Entertainment

PolarityTE, Inc operates as commercial-stage biotechnology and regenerative biomaterials company in the United States. The company focuses on discovering, designing and developing a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences.

Insider Buying and Selling by Quarter for Majesco Entertainment (NASDAQ:COOL)

Receive News & Ratings for Majesco Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majesco Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.