Insider Buying: Majesco Entertainment (NASDAQ:COOL) Major Shareholder Purchases 18,402 Shares of Stock

Majesco Entertainment (NASDAQ:COOL) major shareholder Barry C. Honig bought 18,402 shares of the stock in a transaction dated Thursday, March 15th. The shares were purchased at an average price of $17.65 per share, for a total transaction of $324,795.30. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Majesco Entertainment stock traded down $0.38 during mid-day trading on Friday, reaching $18.24. 154,946 shares of the company were exchanged, compared to its average volume of 123,229. Majesco Entertainment has a 12 month low of $10.33 and a 12 month high of $32.63.

How to Become a New Pot Stock Millionaire

A number of institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN increased its stake in Majesco Entertainment by 41.3% during the 2nd quarter. Wells Fargo & Company MN now owns 5,650 shares of the company’s stock worth $131,000 after acquiring an additional 1,650 shares during the period. Ardsley Advisory Partners bought a new position in Majesco Entertainment during the 4th quarter worth $327,000. Advisor Group Inc. increased its stake in Majesco Entertainment by 133.6% during the 4th quarter. Advisor Group Inc. now owns 49,180 shares of the company’s stock worth $1,141,000 after acquiring an additional 28,130 shares during the period. Gilder Gagnon Howe & Co. LLC bought a new position in Majesco Entertainment during the 4th quarter worth $1,507,000. Finally, Millennium Management LLC bought a new position in Majesco Entertainment during the 4th quarter worth $3,057,000. Hedge funds and other institutional investors own 10.94% of the company’s stock.

COOL has been the topic of a number of recent research reports. Cantor Fitzgerald initiated coverage on Majesco Entertainment in a research note on Wednesday, February 14th. They set an “overweight” rating and a $70.00 target price on the stock. ValuEngine upgraded Majesco Entertainment from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, BidaskClub upgraded Majesco Entertainment from a “sell” rating to a “hold” rating in a research note on Tuesday, April 3rd.

TRADEMARK VIOLATION NOTICE: “Insider Buying: Majesco Entertainment (NASDAQ:COOL) Major Shareholder Purchases 18,402 Shares of Stock” was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/04/08/barry-c-honig-acquires-18402-shares-of-polarityte-inc-cool-stock.html.

About Majesco Entertainment

PolarityTE, Inc operates as commercial-stage biotechnology and regenerative biomaterials company in the United States. The company focuses on discovering, designing and developing a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences.

Insider Buying and Selling by Quarter for Majesco Entertainment (NASDAQ:COOL)

Receive News & Ratings for Majesco Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majesco Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply