Milestone Scientific (NYSE:MLSS) Major Shareholder Sells $10,815.30 in Stock

Milestone Scientific Inc. (NYSE:MLSS) major shareholder S.R.L. Bp4 sold 24,034 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $0.45, for a total transaction of $10,815.30. Following the transaction, the insider directly owned 9,131,192 shares in the company, valued at $4,109,036.40. This represents a 0.26% 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 Tuesday, October 21st, S.R.L. Bp4 sold 40,000 shares of Milestone Scientific stock. The shares were sold at an average price of $0.44, for a total transaction of $17,600.00.
• On Tuesday, October 14th, S.R.L. Bp4 sold 30,000 shares of Milestone Scientific stock. The shares were sold at an average price of $0.54, for a total transaction of $16,200.00.
• On Monday, October 13th, S.R.L. Bp4 sold 10,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.55, for a total transaction of $5,500.00.
• On Friday, October 10th, S.R.L. Bp4 sold 10,158 shares of Milestone Scientific stock. The stock was sold at an average price of $0.55, for a total transaction of $5,586.90.
• On Wednesday, October 8th, S.R.L. Bp4 sold 30,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.47, for a total transaction of $14,100.00.
• On Tuesday, October 7th, S.R.L. Bp4 sold 10,000 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total transaction of $4,500.00.
• On Friday, October 3rd, S.R.L. Bp4 sold 19,210 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total transaction of $8,644.50.
• On Thursday, September 11th, S.R.L. Bp4 sold 10,000 shares of Milestone Scientific stock. The shares were sold at an average price of $0.59, for a total transaction of $5,900.00.

Milestone Scientific Stock Down 3.9%

MLSS stock opened at $0.41 on Friday. The firm has a market cap of $32.10 million, a price-to-earnings ratio of -5.84 and a beta of 0.88. Milestone Scientific Inc. has a 12-month low of $0.38 and a 12-month high of $1.39. The company’s fifty day simple moving average is $0.53 and its 200 day simple moving average is $0.71.

Hedge Funds Weigh In On Milestone Scientific

Several hedge funds and other institutional investors have recently bought and sold shares of the company. XTX Topco Ltd lifted its holdings in Milestone Scientific by 99.2% in the first quarter. XTX Topco Ltd now owns 34,135 shares of the company’s stock valued at $32,000 after buying an additional 17,002 shares during the period. Brookwood Investment Group LLC bought a new stake in Milestone Scientific in the first quarter valued at $46,000. Raymond James Financial Inc. increased its stake in Milestone Scientific by 416.7% in the second quarter. Raymond James Financial Inc. now owns 62,000 shares of the company’s stock valued at $39,000 after purchasing an additional 50,000 shares in the last quarter. Finally, Carnegie Investment Counsel bought a new stake in Milestone Scientific in the second quarter valued at $105,000. Institutional investors and hedge funds own 5.79% of the company’s stock.

Milestone Scientific Company Profile

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.