Insider Buying: Cipherloc Corp (CLOK) Major Shareholder Buys 26,100 Shares of Stock

Cipherloc Corp (OTCMKTS:CLOK) major shareholder Manchester Management Pr, Llc purchased 26,100 shares of the company’s stock in a transaction dated Thursday, November 1st. The shares were acquired at an average price of $1.85 per share, for a total transaction of $48,285.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Manchester Management Pr, Llc also recently made the following trade(s):

  • On Tuesday, October 30th, Manchester Management Pr, Llc purchased 30,500 shares of Cipherloc stock. The shares were acquired at an average price of $1.84 per share, for a total transaction of $56,120.00.

Shares of Cipherloc stock traded down $0.12 on Thursday, hitting $1.78. 33,165 shares of the company’s stock were exchanged, compared to its average volume of 9,119. Cipherloc Corp has a 1 year low of $0.81 and a 1 year high of $2.90.

About Cipherloc

Cipherloc Corporation provides data security solutions. It offers CipherLoc, a polymorphic key progression algorithm encryption cipher engine for use in commercial data security industry and/or in sensitive applications. The company was formerly known as National Scientific Corporation and changed its name to Cipherloc Corporation in March 2015.

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