Insider Selling: Rand Logistics, Inc. (RLOG) Director Sells $145,041.30 in Stock

Rand Logistics, Inc. (NASDAQ:RLOG) Director Laurence S. Levy sold 537,190 shares of Rand Logistics stock in a transaction on Monday, December 4th. The shares were sold at an average price of $0.27, for a total transaction of $145,041.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Laurence S. Levy also recently made the following trade(s):

  • On Monday, November 27th, Laurence S. Levy sold 477,723 shares of Rand Logistics stock. The stock was sold at an average price of $0.28, for a total transaction of $133,762.44.

Rand Logistics, Inc. (NASDAQ:RLOG) traded down $0.02 during trading on Thursday, reaching $0.23. 1,854,300 shares of the company’s stock were exchanged, compared to its average volume of 1,150,786. Rand Logistics, Inc. has a 52-week low of $0.19 and a 52-week high of $1.93.

Separately, ValuEngine raised shares of Rand Logistics from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 7th.

A hedge fund recently raised its stake in Rand Logistics stock. Renaissance Technologies LLC boosted its position in shares of Rand Logistics, Inc. (NASDAQ:RLOG) by 11.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,700 shares of the shipping company’s stock after acquiring an additional 17,100 shares during the period. Renaissance Technologies LLC owned 0.90% of Rand Logistics worth $107,000 at the end of the most recent quarter. 20.43% of the stock is owned by institutional investors.

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About Rand Logistics

Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).

Insider Buying and Selling by Quarter for Rand Logistics (NASDAQ:RLOG)

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