Insider Buying: Majesco Entertainment (COOL) Director Acquires 3,000 Shares of Stock
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.
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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.
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