Rubico (NASDAQ:RUBI) Major Shareholder Sells $523,469.00 in Stock

Rubico Inc. (NASDAQ:RUBIGet Free Report) major shareholder Financial Lp Hrt sold 551,020 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $0.95, for a total value of $523,469.00. Following the transaction, the insider directly owned 384,941 shares of the company’s stock, valued at $365,693.95. The trade was a 58.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Thursday, June 11th, Financial Lp Hrt purchased 484,963 shares of Rubico stock. The stock was bought at an average cost of $0.81 per share, for a total transaction of $392,820.03.

Rubico Price Performance

RUBI stock opened at $0.42 on Friday. Rubico Inc. has a 1 year low of $0.38 and a 1 year high of $15,654.60.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of Rubico in a report on Monday. They issued a “sell (d-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Rubico presently has an average rating of “Sell”.

Read Our Latest Research Report on Rubico

Rubico Company Profile

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Rubico Inc is a provider of shipping transportation services specializing in the ownership of vessels. Rubico Inc is based in ATHENS, Greece.

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