Css Llc/Il Sells 132,542 Shares of Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) Stock

Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) major shareholder Css Llc/Il sold 132,542 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $0.39, for a total value of $51,691.38. Following the transaction, the insider now directly owns 556,384 shares in the company, valued at approximately $216,989.76. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Css Llc/Il also recently made the following trade(s):

• On Wednesday, September 6th, Css Llc/Il sold 30,000 shares of Fresh Vine Wine stock. The shares were sold at an average price of $0.50, for a total transaction of $15,000.00.
• On Tuesday, August 29th, Css Llc/Il sold 10,000 shares of Fresh Vine Wine stock. The stock was sold at an average price of $0.50, for a total transaction of $5,000.00.
• On Thursday, August 31st, Css Llc/Il sold 76,880 shares of Fresh Vine Wine stock. The stock was sold at an average price of $0.48, for a total value of $36,902.40.
• On Wednesday, July 12th, Css Llc/Il sold 5,000 shares of Fresh Vine Wine stock. The shares were sold at an average price of $0.60, for a total value of $3,000.00.
• On Monday, July 3rd, Css Llc/Il sold 140,000 shares of Fresh Vine Wine stock. The shares were sold at an average price of $0.73, for a total value of $102,200.00.

Fresh Vine Wine Price Performance

Shares of NYSEAMERICAN VINE opened at $0.43 on Tuesday. Fresh Vine Wine, Inc. has a 1-year low of $0.21 and a 1-year high of $2.43.

Fresh Vine Wine (NYSEAMERICAN:VINE) last issued its quarterly earnings data on Monday, August 14th. The company reported ($0.27) earnings per share (EPS) for the quarter. Fresh Vine Wine had a negative net margin of 774.68% and a negative return on equity of 227.16%. The business had revenue of $0.33 million during the quarter.

Institutional Trading of Fresh Vine Wine

A hedge fund recently bought a new stake in Fresh Vine Wine stock. GTS Securities LLC purchased a new stake in shares of Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 112,512 shares of the company’s stock, valued at approximately $25,000. GTS Securities LLC owned about 0.71% of Fresh Vine Wine at the end of the most recent reporting period. 7.46% of the stock is currently owned by institutional investors and hedge funds.

About Fresh Vine Wine

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include Cabernet Sauvignon, Pinot Noir, Chardonnay, Sauvignon Blanc, Rosé, and Sparkling Rosé. The company sells its products through wholesale, retail, and direct-to-consumer channels.