Medley Management Inc (NYSE:MDLY) Major Shareholder Sells $162,221.76 in Stock
Medley Management Inc (NYSE:MDLY) major shareholder Jam Partners, L.P. sold 51,336 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $3.16, for a total transaction of $162,221.76. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of MDLY opened at $3.37 on Friday. The stock has a market capitalization of $20.20 million, a P/E ratio of 69.60 and a beta of 1.42. The firm’s fifty day simple moving average is $2.78 and its two-hundred day simple moving average is $3.10. Medley Management Inc has a 12 month low of $2.16 and a 12 month high of $5.74.
Medley Manag ...