Insider Buying: Sigma Labs Inc. (NASDAQ:SGLB) CEO Buys 500,000 Shares of Stock
Sigma Labs Inc. (NASDAQ:SGLB) CEO Carl I. Schwartz acquired 500,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was purchased at an average cost of $0.70 per share, with a total value of $350,000.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
SGLB opened at $0.74 on Friday. Sigma Labs Inc. has a fifty-two week low of $0.59 and a fifty-two week high of $2.58. The company has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.42. The stock has a market capitalization of $10.20 million, a price-to-earnings ratio of -0.91 and a beta of 0.02.
An institutional investor recently bought a new position in Sigma Labs stock. Geode Capital Management LLC bought a new stake in Sigma Labs Inc. (NASDAQ:SGLB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 24,951 shares of the company’s stock, valued at approximately $37,000. Geode Capital Management LLC owned 0.29% of Sigma Labs as of its most recent SEC filing. Institutional investors own 6.06% of the company’s stock.
Sigma Labs Company Profile
Sigma Labs, Inc develops and commercializes manufacturing and materials technologies. It offers PrintRite3D quality assurance software apps primarily for 3D printing and additive manufacturing industries. The company's products are used in advanced manufacturing technologies to assure part quality in real time as the part is being made and enhance process control practices.
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