RPGL (NASDAQ:RPGL) Major Shareholder Sells $57,283.20 in Stock

RPGL (NASDAQ:RPGL) major shareholder Cetera Wealth Services, Llc sold 44,064 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $1.30, for a total value of $57,283.20. Following the completion of the transaction, the insider directly owned 832,802 shares in the company, valued at $1,082,642.60. This trade represents a 5.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Cetera Wealth Services, Llc also recently made the following trade(s):

• On Thursday, March 5th, Cetera Wealth Services, Llc sold 35,357 shares of RPGL stock. The shares were sold at an average price of $1.50, for a total value of $53,035.50.
• On Wednesday, March 4th, Cetera Wealth Services, Llc sold 74,615 shares of RPGL stock. The stock was sold at an average price of $1.66, for a total value of $123,860.90.
• On Tuesday, March 3rd, Cetera Wealth Services, Llc sold 70,616 shares of RPGL stock. The stock was sold at an average price of $1.91, for a total value of $134,876.56.
• On Monday, March 2nd, Cetera Wealth Services, Llc sold 116,000 shares of RPGL stock. The shares were sold at an average price of $2.02, for a total value of $234,320.00.
• On Friday, February 27th, Cetera Wealth Services, Llc sold 100,298 shares of RPGL stock. The shares were sold at an average price of $2.12, for a total value of $212,631.76.
• On Thursday, February 26th, Cetera Wealth Services, Llc sold 1,312 shares of RPGL stock. The stock was sold at an average price of $5.01, for a total value of $6,573.12.
• On Wednesday, February 25th, Cetera Wealth Services, Llc sold 9,191 shares of RPGL stock. The stock was sold at an average price of $6.05, for a total value of $55,605.55.
• On Tuesday, February 24th, Cetera Wealth Services, Llc sold 13,917 shares of RPGL stock. The shares were sold at an average price of $7.43, for a total value of $103,403.31.
• On Tuesday, February 24th, Cetera Wealth Services, Llc purchased 1,298,172 shares of RPGL stock. The stock was acquired at an average cost of $7.20 per share, with a total value of $9,346,838.40.

RPGL Trading Down 14.9%

Shares of RPGL stock opened at $1.31 on Monday. RPGL has a 52 week low of $1.26 and a 52 week high of $103.80.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of RPGL in a research note on Friday, January 30th. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

RPGL Company Profile

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.