S.R.L. Bp4 Sells 23,797 Shares of Milestone Scientific Inc. (NYSE:MLSS) Stock

Milestone Scientific Inc. (NYSE:MLSS) major shareholder S.R.L. Bp4 sold 23,797 shares of the firm’s stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $0.90, for a total transaction of $21,417.30. Following the transaction, the insider now directly owns 9,457,239 shares in the company, valued at $8,511,515.10. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

S.R.L. Bp4 also recently made the following trade(s):

• On Friday, June 6th, S.R.L. Bp4 sold 60,200 shares of Milestone Scientific stock. The shares were sold at an average price of $0.90, for a total value of $54,180.00.
• On Thursday, June 5th, S.R.L. Bp4 sold 26,855 shares of Milestone Scientific stock. The stock was sold at an average price of $0.91, for a total value of $24,438.05.
• On Thursday, May 29th, S.R.L. Bp4 sold 3,361 shares of Milestone Scientific stock. The shares were sold at an average price of $0.96, for a total value of $3,226.56.
• On Wednesday, May 28th, S.R.L. Bp4 sold 14,256 shares of Milestone Scientific stock. The stock was sold at an average price of $0.96, for a total value of $13,685.76.

Milestone Scientific Trading Down 1.7%

Shares of Milestone Scientific stock opened at $0.87 on Wednesday. The company has a market cap of $67.88 million, a PE ratio of -12.36 and a beta of 0.90. The company has a 50 day moving average of $0.94 and a 200-day moving average of $1.00. Milestone Scientific Inc. has a 1-year low of $0.58 and a 1-year high of $1.39.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd lifted its stake in Milestone Scientific by 99.2% during the first quarter. XTX Topco Ltd now owns 34,135 shares of the company’s stock worth $32,000 after purchasing an additional 17,002 shares during the last quarter. Brookwood Investment Group LLC acquired a new position in shares of Milestone Scientific during the 1st quarter worth $46,000. Finally, Renaissance Technologies LLC lifted its position in shares of Milestone Scientific by 72.8% during the 4th quarter. Renaissance Technologies LLC now owns 126,275 shares of the company’s stock worth $121,000 after buying an additional 53,198 shares during the last quarter. 5.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on shares of Milestone Scientific in a research report on Sunday, May 18th. They set a “hold” rating for the company.

About Milestone Scientific

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.