S.R.L. Bp4 Sells 26,855 Shares of Milestone Scientific Inc. (NYSE:MLSS) Stock

Milestone Scientific Inc. (NYSE:MLSS) major shareholder S.R.L. Bp4 sold 26,855 shares of Milestone Scientific stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $0.91, for a total transaction of $24,438.05. Following the completion of the transaction, the insider now directly owns 9,591,602 shares in the company, valued at $8,728,357.82. The trade was a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases 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 stock was sold at an average price of $0.90, for a total transaction of $54,180.00.
• 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 transaction of $3,226.56.
• On Wednesday, May 28th, S.R.L. Bp4 sold 14,256 shares of Milestone Scientific stock. The shares were sold at an average price of $0.96, for a total transaction of $13,685.76.

Milestone Scientific Price Performance

Shares of NYSE MLSS opened at $0.91 on Wednesday. The stock has a fifty day moving average price of $0.94 and a 200 day moving average price of $1.00. Milestone Scientific Inc. has a 1-year low of $0.58 and a 1-year high of $1.39. The company has a market cap of $71.18 million, a PE ratio of -12.96 and a beta of 0.90.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Milestone Scientific

Institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd increased 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 in the last quarter. Brookwood Investment Group LLC acquired a new stake in shares of Milestone Scientific in the 1st quarter worth approximately $46,000. Finally, Renaissance Technologies LLC increased its stake in Milestone Scientific by 72.8% in the 4th quarter. Renaissance Technologies LLC now owns 126,275 shares of the company’s stock valued at $121,000 after purchasing an additional 53,198 shares in the last quarter. Hedge funds and other institutional investors 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.