Insider Selling: Standard Diversified Inc Class A (NYSEAMERICAN) (SDI) Major Shareholder Sells 64,282 Shares of Stock

Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI) major shareholder General L.P. Standard sold 64,282 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $20.51, for a total value of $1,318,423.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

General L.P. Standard also recently made the following trade(s):

  • On Monday, May 6th, General L.P. Standard acquired 23,500 shares of Standard Diversified Inc Class A (NYSEAMERICAN) stock. The stock was bought at an average cost of $20.50 per share, with a total value of $481,750.00.
  • On Monday, March 11th, General L.P. Standard acquired 20,000 shares of Standard Diversified Inc Class A (NYSEAMERICAN) stock. The stock was bought at an average cost of $15.50 per share, with a total value of $310,000.00.

Shares of Standard Diversified Inc Class A (NYSEAMERICAN) stock opened at $19.70 on Thursday. Standard Diversified Inc Class A has a 52 week low of $10.60 and a 52 week high of $22.49. The company has a debt-to-equity ratio of 2.13, a quick ratio of 1.14 and a current ratio of 2.45.

Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.21) EPS for the quarter. The company had revenue of $100.01 million during the quarter. Standard Diversified Inc Class A (NYSEAMERICAN) had a negative return on equity of 1.85% and a negative net margin of 0.44%.

A hedge fund recently bought a new stake in Standard Diversified Inc Class A (NYSEAMERICAN) stock. JPMorgan Chase & Co. purchased a new stake in shares of Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,367 shares of the company’s stock, valued at approximately $26,000. Institutional investors and hedge funds own 42.93% of the company’s stock.

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About Standard Diversified Inc Class A (NYSEAMERICAN)

Standard Diversified, Inc operates as shell company, which intends to identify new business and investment opportunities. The company was founded by Martha C. Reider and Richard C. Birkmeyer in 1990 and is headquartered in Mineola, NY.

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Insider Buying and Selling by Quarter for Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI)

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