Off The Hook Ys (NYSEAMERICAN:OTH) Chairman Jason Daniel Ruegg Sells 475,000 Shares

Off The Hook Ys Inc. (NYSEAMERICAN:OTH) Chairman Jason Daniel Ruegg sold 475,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $2.00, for a total value of $950,000.00. Following the sale, the chairman owned 10,775,000 shares of the company’s stock, valued at $21,550,000. The trade was a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Jason Daniel Ruegg also recently made the following trade(s):

• On Friday, May 15th, Jason Daniel Ruegg sold 5,000 shares of Off The Hook Ys stock. The stock was sold at an average price of $2.64, for a total value of $13,200.00.

Off The Hook Ys Trading Down 0.8%

NYSEAMERICAN OTH traded down $0.02 during trading on Tuesday, reaching $2.42. 46,614 shares of the company’s stock were exchanged, compared to its average volume of 67,252. Off The Hook Ys Inc. has a fifty-two week low of $1.70 and a fifty-two week high of $3.90. The stock has a fifty day moving average price of $2.63.

Institutional Investors Weigh In On Off The Hook Ys

A number of hedge funds and other institutional investors have recently made changes to their positions in OTH. Jane Street Group LLC purchased a new stake in shares of Off The Hook Ys during the 4th quarter worth about $35,000. Geode Capital Management LLC purchased a new stake in shares of Off The Hook Ys during the 4th quarter worth about $42,000. Millennium Management LLC purchased a new stake in shares of Off The Hook Ys during the 4th quarter worth about $52,000. Finally, HRT Financial LP purchased a new stake in shares of Off The Hook Ys during the 4th quarter worth about $58,000.

Analysts Set New Price Targets

Separately, ThinkEquity raised Off The Hook Ys to a “strong-buy” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Off The Hook Ys currently has a consensus rating of “Strong Buy”.

About Off The Hook Ys

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.