Milestone Scientific (NYSE:MLSS) Major Shareholder Sells $17,600.00 in Stock

Milestone Scientific Inc. (NYSE:MLSS) major shareholder S.R.L. Bp4 sold 40,000 shares of the firm’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $0.44, for a total transaction of $17,600.00. Following the transaction, the insider owned 9,091,192 shares in the company, valued at $4,000,124.48. This represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, October 20th, S.R.L. Bp4 sold 24,034 shares of Milestone Scientific stock. The stock was sold at an average price of $0.45, for a total transaction of $10,815.30.
• On Tuesday, October 14th, S.R.L. Bp4 sold 30,000 shares of Milestone Scientific stock. The stock was 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 shares were 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 shares were sold at an average price of $0.55, for a total value of $5,586.90.
• On Wednesday, October 8th, S.R.L. Bp4 sold 30,000 shares of Milestone Scientific stock. The shares were sold at an average price of $0.47, for a total value 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 stock was sold at an average price of $0.59, for a total transaction of $5,900.00.

Milestone Scientific Trading Down 3.9%

Shares of MLSS stock opened at $0.41 on Friday. Milestone Scientific Inc. has a 1 year low of $0.38 and a 1 year high of $1.39. The firm’s 50 day moving average is $0.53 and its 200-day moving average is $0.71. The firm has a market capitalization of $32.10 million, a price-to-earnings ratio of -5.84 and a beta of 0.88.

Institutional Investors Weigh In On Milestone Scientific

Several hedge funds have recently bought and sold shares of MLSS. XTX Topco Ltd raised 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 worth $32,000 after purchasing an additional 17,002 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Milestone Scientific by 416.7% during the second quarter. Raymond James Financial Inc. now owns 62,000 shares of the company’s stock worth $39,000 after acquiring an additional 50,000 shares during the period. Brookwood Investment Group LLC acquired a new stake in shares of Milestone Scientific during the first quarter worth $46,000. Finally, Carnegie Investment Counsel acquired a new stake in shares of Milestone Scientific during the second quarter worth $105,000. 5.79% of the stock is currently owned by institutional investors and hedge funds.

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.