The Insider Buying: Eastside Distilling Inc (ESDI) Major Shareholder Acquires 175,000 Shares of Stock

The Insider Buying: Eastside Distilling Inc (ESDI) Major Shareholder Acquires 175,000 Shares of Stock

Eastside Distilling Inc (NASDAQ:ESDI) major shareholder Glenbrook Capital Lp bought 175,000 shares of the stock in a transaction that occurred on Wednesday, October 12th. The stock was bought at an average price of $0.10 per share, with a total value of $17,500.00. Following the completion of the purchase, the insider now directly owns 12,774,915 shares in the company, valued at $1,277,491.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Glenbrook Capital Lp also recently made the following trade(s): On Tuesday, October 11th, Glenbrook Capital Lp purchased 100,203 shares of Eastside Distilling stock. The shares were acquired at an average cost of $0.08 per share, with a total value of $8,016.24.

Eastside Distilling Inc (NASDAQ:ESDI) traded up 4.224% during trading on Friday, reaching $0.095. 132,001 shares of the company’s stock were exchanged. The stock’s market capitalization is $9.06 million. Eastside Distilling Inc has a 52 week low of $0.04 and a 52 week high of $0.50. The stock has a 50-day moving average of $0.09 and a 200-day moving average of $0.09.

About Eastside Distilling

Related posts

Leave a Comment