Sardar Biglari Sells 623,784 Shares of Insignia Systems, Inc. (ISIG) Stock

Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Sardar Biglari sold 623,784 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $1.32, for a total transaction of $823,394.88. Following the completion of the transaction, the insider now directly owns 11,788 shares in the company, valued at approximately $15,560.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Sardar Biglari also recently made the following trade(s):

  • On Friday, January 5th, Sardar Biglari sold 248,159 shares of Insignia Systems stock. The shares were sold at an average price of $1.24, for a total transaction of $307,717.16.
  • On Wednesday, January 3rd, Sardar Biglari sold 165,556 shares of Insignia Systems stock. The shares were sold at an average price of $1.21, for a total transaction of $200,322.76.
  • On Thursday, December 28th, Sardar Biglari sold 161,852 shares of Insignia Systems stock. The shares were sold at an average price of $1.25, for a total transaction of $202,315.00.
  • On Monday, December 18th, Sardar Biglari sold 19,369 shares of Insignia Systems stock. The shares were sold at an average price of $1.25, for a total transaction of $24,211.25.
  • On Thursday, December 14th, Sardar Biglari sold 59,042 shares of Insignia Systems stock. The shares were sold at an average price of $1.25, for a total transaction of $73,802.50.
  • On Thursday, December 7th, Sardar Biglari sold 3,100 shares of Insignia Systems stock. The shares were sold at an average price of $1.37, for a total transaction of $4,247.00.
  • On Monday, December 11th, Sardar Biglari sold 72,572 shares of Insignia Systems stock. The shares were sold at an average price of $1.34, for a total transaction of $97,246.48.
  • On Monday, December 4th, Sardar Biglari sold 18,629 shares of Insignia Systems stock. The shares were sold at an average price of $1.45, for a total transaction of $27,012.05.
  • On Friday, December 1st, Sardar Biglari sold 4,487 shares of Insignia Systems stock. The shares were sold at an average price of $1.46, for a total transaction of $6,551.02.

Insignia Systems, Inc. (NASDAQ ISIG) opened at $1.21 on Wednesday. Insignia Systems, Inc. has a 1 year low of $0.90 and a 1 year high of $2.19. The company has a market cap of $14.42, a PE ratio of -7.12 and a beta of 0.86.

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About Insignia Systems

Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.

Insider Buying and Selling by Quarter for Insignia Systems (NASDAQ:ISIG)

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