180 Degree Capital Corp (NASDAQ:TURN) President Daniel B. Wolfe bought 5,440 shares of the stock in a transaction that occurred on Monday, May 13th. The stock was purchased at an average price of $1.91 per share, for a total transaction of $10,390.40. Following the completion of the purchase, the president now directly owns 260,000 shares in the company, valued at approximately $496,600. The transaction was disclosed in a filing with the SEC, which is available through this link.
NASDAQ:TURN opened at $1.91 on Tuesday. 180 Degree Capital Corp has a 1 year low of $1.72 and a 1 year high of $2.50.
A number of large investors have recently bought and sold shares of the stock. Financial Consulate Inc. grew its stake in 180 Degree Capital by 7.3% in the 1st quarter. Financial Consulate Inc. now owns 2,259,666 shares of the company’s stock valued at $4,203,000 after buying an additional 154,288 shares during the last quarter. B. Riley Financial Inc. grew its position in 180 Degree Capital by 193.0% in the 1st quarter. B. Riley Financial Inc. now owns 465,602 shares of the company’s stock worth $866,000 after purchasing an additional 306,708 shares during the last quarter. Finally, Legal & General Group Plc grew its position in 180 Degree Capital by 17.2% in the 4th quarter. Legal & General Group Plc now owns 128,661 shares of the company’s stock worth $226,000 after purchasing an additional 18,859 shares during the last quarter. Institutional investors and hedge funds own 28.53% of the company’s stock.
180 Degree Capital Corp. is a publicly owned investment manager. The firm manages separate client-focused equity portfolios. It invests in the public equity markets of the United States. The firm also invests in privately held portfolio companies. It primarily invests in value stocks of small cap companies.
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