Key Points
- Cetera Wealth Services sold 39,579 RPGL shares on March 13 at an average price of $0.85 for $33,642.15, leaving it with 702,855 shares (a 5.33% reduction in its stake valued at $597,426.75).
- Aggressive insider selling continued: Cetera sold about 593,097 shares between Feb 27 and Mar 17 across multiple trades, coinciding with RPGL shares trading down ~10.4% to $0.74 (12‑month low $0.72) and an overall analyst consensus of "Sell" including Weiss Ratings' "sell (e-)" initiation.
RPGL (NASDAQ:RPGL - Get Free Report) major shareholder Cetera Wealth Services, Llc sold 39,579 shares of the firm's stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $0.85, for a total transaction of $33,642.15. Following the transaction, the insider directly owned 702,855 shares of the company's stock, valued at $597,426.75. The trade was a 5.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Cetera Wealth Services, Llc also recently made the following trade(s):
- On Tuesday, March 17th, Cetera Wealth Services, Llc sold 12,500 shares of RPGL stock. The shares were sold at an average price of $0.78, for a total transaction of $9,750.00.
- On Monday, March 16th, Cetera Wealth Services, Llc sold 9,700 shares of RPGL stock. The stock was sold at an average price of $0.83, for a total transaction of $8,051.00.
- On Tuesday, March 10th, Cetera Wealth Services, Llc sold 24,200 shares of RPGL stock. The stock was sold at an average price of $1.11, for a total transaction of $26,862.00.
- On Monday, March 9th, Cetera Wealth Services, Llc sold 66,168 shares of RPGL stock. The shares were sold at an average price of $1.14, for a total value of $75,431.52.
- On Friday, March 6th, Cetera Wealth Services, Llc sold 44,064 shares of RPGL stock. The shares were sold at an average price of $1.30, for a total value of $57,283.20.
- On Thursday, March 5th, Cetera Wealth Services, Llc sold 35,357 shares of RPGL stock. The stock was sold at an average price of $1.50, for a total value of $53,035.50.
- On Wednesday, March 4th, Cetera Wealth Services, Llc sold 74,615 shares of RPGL stock. The stock was sold at an average price of $1.66, for a total value of $123,860.90.
- On Tuesday, March 3rd, Cetera Wealth Services, Llc sold 70,616 shares of RPGL stock. The shares were sold at an average price of $1.91, for a total value of $134,876.56.
- On Monday, March 2nd, Cetera Wealth Services, Llc sold 116,000 shares of RPGL stock. The stock was sold at an average price of $2.02, for a total value of $234,320.00.
- On Friday, February 27th, Cetera Wealth Services, Llc sold 100,298 shares of RPGL stock. The shares were sold at an average price of $2.12, for a total value of $212,631.76.
RPGL Trading Down 10.4%
RPGL opened at $0.74 on Wednesday. RPGL has a twelve month low of $0.72 and a twelve month high of $103.80.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on shares of RPGL in a research note on Friday, January 30th. They set a "sell (e-)" rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of "Sell".
Read Our Latest Analysis on RPGL
RPGL Company Profile
(
Get Free Report)
Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
