EnSync Inc (NYSEMKT:ESNC) major shareholder Jilun He acquired 667,316 shares of the business’s stock in a transaction on Saturday, October 8th. The shares were purchased at an average cost of $1.07 per share, for a total transaction of $714,028.12. Following the completion of the transaction, the insider now owns 5,191,543 shares in the company, valued at approximately $5,554,951.01. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Jilun He also recently made the following trade(s):
- On Thursday, September 29th, Jilun He acquired 1,306,737 shares of EnSync stock. The shares were purchased at an average cost of $0.94 per share, for a total transaction of $1,228,332.78.
Shares of EnSync Inc (NYSEMKT:ESNC) opened at 1.30 on Friday. The stock has a 50 day moving average price of $0.90 and a 200-day moving average price of $0.49. The company’s market capitalization is $62.08 million. EnSync Inc has a 12 month low of $0.13 and a 12 month high of $1.40.
Separately, Zacks Investment Research cut EnSync from a “buy” rating to a “hold” rating in a research report on Monday, July 4th.
EnSync Company Profile
EnSync, Inc, formerly ZBB Energy Corporation, develops, licenses, and manufactures energy management systems solutions serving the utility, commercial and industrial (C&I) building, utility, and off-grid markets. The Company develops and commercializes application solutions for advanced energy management systems critical to the transition from a coal-centric economy to one reliant on renewable energy sources.
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