Rubico Inc. (NASDAQ:RUBI – Get Free Report) major shareholder Financial Lp Hrt acquired 484,963 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was purchased at an average cost of $0.81 per share, for a total transaction of $392,820.03. Following the purchase, the insider owned 384,941 shares of the company’s stock, valued at $311,802.21. This represents a -484.86% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Financial Lp Hrt also recently made the following trade(s):
- On Friday, June 12th, Financial Lp Hrt sold 551,020 shares of Rubico stock. The shares were sold at an average price of $0.95, for a total transaction of $523,469.00.
Rubico Trading Down 14.1%
Shares of RUBI traded down $0.07 during midday trading on Tuesday, hitting $0.41. 4,028,383 shares of the company’s stock traded hands, compared to its average volume of 5,324,045. Rubico Inc. has a 1 year low of $0.38 and a 1 year high of $15,654.60.
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