Niraj Kumar Vovra Sells 111,654 Shares of Carbon Revolution Public (NASDAQ:CREV) Stock

Key Points

  • Niraj Kumar Vovra, a major shareholder, sold 111,654 shares of Carbon Revolution on Nov 18 at an average price of $1.95 (about $217,725), reducing his holding by 66.12% to 57,217 shares; he had also sold 464,217 shares on Nov 10 for roughly $1.39M.
  • CREV shares opened at $1.73 and are trading well below their 50‑day and 200‑day moving averages (~$3.97 and $3.80), with a 12‑month range of $1.48 to $12.75, signaling a sharp decline from recent highs.

Carbon Revolution Public Limited Company (NASDAQ:CREV - Get Free Report) major shareholder Niraj Kumar Vovra sold 111,654 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $1.95, for a total value of $217,725.30. Following the transaction, the insider owned 57,217 shares of the company's stock, valued at $111,573.15. The trade was a 66.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

Niraj Kumar Vovra also recently made the following trade(s):

  • On Monday, November 10th, Niraj Kumar Vovra sold 464,217 shares of Carbon Revolution Public stock. The shares were sold at an average price of $3.00, for a total transaction of $1,392,651.00.

Carbon Revolution Public Trading Up 10.2%

Shares of NASDAQ:CREV opened at $1.73 on Wednesday. The company has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $3.80. Carbon Revolution Public Limited Company has a twelve month low of $1.48 and a twelve month high of $12.75.

Carbon Revolution Public Company Profile

(Get Free Report)

Carbon Revolution Public Limited Company manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools. The company was founded in 2007 and is based in Dublin, Ireland.

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