MGT Capital Investments Inc (OTCMKTS:MGTI) Director Hugh Robert Holmes sold 100,000 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $3.85, for a total value of $385,000.00. Following the completion of the transaction, the director now directly owns 788,819 shares in the company, valued at approximately $3,036,953.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
MGT Capital Investments Inc (MGTI) opened at 2.66 on Friday. MGT Capital Investments Inc has a 12-month low of $0.46 and a 12-month high of $4.26. The stock’s market capitalization is $106.15 million.
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Separately, ValuEngine upgraded MGT Capital Investments from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th.
About MGT Capital Investments
MGT Capital Investments, Inc is engaged in acquiring and developing a diverse portfolio of cyber security technologies. The Company addresses various cyber threats through protection technologies for mobile and personal tech devices, as well as corporate networks. It is also engaged in mining Bitcoin.
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