Key Points
- Chairman Jason Daniel Ruegg sold 475,000 shares of Off The Hook Ys stock at $2.00 per share, totaling $950,000, and reducing his ownership by 4.22%.
- The chairman also disclosed an additional sale of 5,000 shares at an average price of $2.64 for $13,200.
- Off The Hook Ys shares were down 0.8% to $2.42, while Wall Street currently has a Strong Buy consensus rating on the stock.
Off The Hook Ys Inc. (NYSEAMERICAN:OTH - Get Free Report) CEO Brian John sold 120,000 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $2.41, for a total value of $289,200.00. Following the transaction, the chief executive officer directly owned 1,133,350 shares in the company, valued at approximately $2,731,373.50. This represents a 9.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Off The Hook Ys Stock Performance
Shares of Off The Hook Ys stock opened at $2.42 on Wednesday. Off The Hook Ys Inc. has a fifty-two week low of $1.70 and a fifty-two week high of $3.90. The business's fifty day simple moving average is $2.63.
Wall Street Analysts Forecast Growth
Separately, ThinkEquity upgraded Off The Hook Ys to a "strong-buy" rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Off The Hook Ys currently has a consensus rating of "Strong Buy".
Read Our Latest Report on OTH
Institutional Trading of Off The Hook Ys
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Millennium Management LLC acquired a new stake in shares of Off The Hook Ys during the 4th quarter worth $52,000. Jane Street Group LLC acquired a new stake in shares of Off The Hook Ys during the 4th quarter worth $35,000. HRT Financial LP acquired a new stake in shares of Off The Hook Ys during the 4th quarter worth $58,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Off The Hook Ys during the 4th quarter worth $42,000.
Off The Hook Ys Company Profile
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Get Free Report)
We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTHYS has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTHYS has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals.
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