Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Sardar Biglari sold 161,852 shares of the firm’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $1.25, for a total value of $202,315.00. Following the sale, the insider now directly owns 11,788 shares of the company’s stock, valued at $14,735. The transaction was disclosed in a document filed 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.

Sardar Biglari also recently made the following trade(s):

  • On Monday, December 18th, Sardar Biglari sold 19,369 shares of Insignia Systems stock. The stock was sold at an average price of $1.25, for a total value of $24,211.25.
  • On Thursday, December 14th, Sardar Biglari sold 59,042 shares of Insignia Systems stock. The stock was sold at an average price of $1.25, for a total value of $73,802.50.
  • On Thursday, December 7th, Sardar Biglari sold 3,100 shares of Insignia Systems stock. The stock was sold at an average price of $1.37, for a total value of $4,247.00.
  • On Monday, December 11th, Sardar Biglari sold 72,572 shares of Insignia Systems stock. The stock was sold at an average price of $1.34, for a total value of $97,246.48.
  • On Monday, December 4th, Sardar Biglari sold 18,629 shares of Insignia Systems stock. The stock was sold at an average price of $1.45, for a total value of $27,012.05.
  • On Friday, December 1st, Sardar Biglari sold 4,487 shares of Insignia Systems stock. The stock was sold at an average price of $1.46, for a total value of $6,551.02.

Shares of Insignia Systems, Inc. (ISIG) traded up $0.01 during trading on Thursday, hitting $1.25. The stock had a trading volume of 258,944 shares, compared to its average volume of 74,755. The firm has a market capitalization of $14.54, a PE ratio of -7.35 and a beta of 0.85. Insignia Systems, Inc. has a 1-year low of $0.90 and a 1-year high of $2.59.

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About Insignia Systems

Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.

Insider Buying and Selling by Quarter for Insignia Systems (NASDAQ:ISIG)

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