Insider Buying: JAGU (NYSEAMERICAN:JAGU) Major Shareholder Acquires 250,000 Shares of Stock

Key Points

  • Ltd. Isoenergy, a major shareholder, acquired 250,000 shares of JAGU on February 11 at an average price of $4.00 per share, a $1,000,000 transaction that brought its post-trade holding to 250,000 shares.
  • The purchase was disclosed in an SEC filing, which reported the change in ownership (noting the filing characterized the increase from zero as an "∞" change).
  • Following the disclosure, JAGU stock traded up 4.9% to $2.76 on Thursday with 81,148 shares changing hands, versus an average volume of 356,901 and a 12-month range of $2.32–$5.50.

JAGU (NYSEAMERICAN:JAGU - Get Free Report) major shareholder Ltd. Isoenergy acquired 250,000 shares of the business's stock in a transaction that occurred on Wednesday, February 11th. The shares were acquired at an average cost of $4.00 per share, for a total transaction of $1,000,000.00. Following the completion of the acquisition, the insider owned 250,000 shares of the company's stock, valued at $1,000,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

JAGU Stock Up 4.9%

JAGU stock traded up $0.13 during trading on Thursday, reaching $2.76. 81,148 shares of the company traded hands, compared to its average volume of 356,901. JAGU has a 12 month low of $2.32 and a 12 month high of $5.50.

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