180 Degree Capital Corp. (NASDAQ:TURN) CEO Buys $22,210.93 in Stock

180 Degree Capital Corp. (NASDAQ:TURN – Get Rating) CEO Kevin Rendino acquired 4,469 shares of the firm’s stock in a transaction dated Wednesday, March 15th. The stock was bought at an average cost of $4.97 per share, for a total transaction of $22,210.93. Following the purchase, the chief executive officer now directly owns 636,371 shares of the company’s stock, valued at $3,162,763.87. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Kevin Rendino also recently made the following trade(s):

• On Thursday, March 9th, Kevin Rendino acquired 40,000 shares of 180 Degree Capital stock. The stock was bought at an average cost of $5.30 per share, for a total transaction of $212,000.00.
• On Monday, March 6th, Kevin Rendino bought 1,233 shares of 180 Degree Capital stock. The shares were acquired at an average cost of $5.25 per share, for a total transaction of $6,473.25.
• On Wednesday, December 28th, Kevin Rendino bought 21,372 shares of 180 Degree Capital stock. The shares were acquired at an average cost of $5.19 per share, for a total transaction of $110,920.68.

180 Degree Capital Stock Down 1.3 %

TURN traded down $0.07 on Friday, hitting $4.92. 9,286 shares of the company’s stock traded hands, compared to its average volume of 13,633. The company’s 50 day simple moving average is $5.39 and its 200-day simple moving average is $5.52. 180 Degree Capital Corp. has a one year low of $4.88 and a one year high of $6.85.

Institutional Trading of 180 Degree Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in TURN. UBS Group AG raised its stake in 180 Degree Capital by 76.7% during the 2nd quarter. UBS Group AG now owns 5,300 shares of the company’s stock valued at $32,000 after purchasing an additional 2,300 shares during the period. Bank of America Corp DE raised its stake in 180 Degree Capital by 92.3% during the 4th quarter. Bank of America Corp DE now owns 8,333 shares of the company’s stock valued at $44,000 after purchasing an additional 4,000 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in 180 Degree Capital during the 3rd quarter valued at approximately $105,000. Cerity Partners LLC purchased a new position in 180 Degree Capital during the 4th quarter valued at approximately $216,000. Finally, Ancora Advisors LLC grew its holdings in 180 Degree Capital by 19.6% during the 1st quarter. Ancora Advisors LLC now owns 149,475 shares of the company’s stock valued at $1,107,000 after buying an additional 24,520 shares in the last quarter. Institutional investors own 29.38% of the company’s stock.

About 180 Degree Capital

(Get Rating)

180 Degree Capital Corp. invests in companies located in the United states. The fund focuses on companies operating in the fields of interdisciplinary life sciences companies such as electronics, physics, materials science, chemistry, information technology, engineering and mathematics. It provides financing for seed, early and later stage capital requirements.