GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) major shareholder 210/Gsb Acquisition Partners, sold 3,855 shares of the company’s stock in a transaction on Monday, September 24th. The shares were sold at an average price of $4.20, for a total value of $16,191.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
GlobalSCAPE stock traded down $0.07 during trading hours on Wednesday, hitting $3.92. The stock had a trading volume of 36,100 shares, compared to its average volume of 49,077. GlobalSCAPE, Inc. has a 1-year low of $3.20 and a 1-year high of $4.35.
GlobalSCAPE (NYSEAMERICAN:GSB) last posted its earnings results on Thursday, August 9th. The technology company reported $0.03 earnings per share for the quarter. The company had revenue of $8.46 million for the quarter. GlobalSCAPE had a return on equity of 9.94% and a net margin of 9.03%.
Separately, TheStreet lowered GlobalSCAPE from a “b” rating to a “c” rating in a report on Friday, July 13th.
A number of institutional investors have recently bought and sold shares of GSB. Polar Asset Management Partners Inc. grew its holdings in GlobalSCAPE by 55.0% in the first quarter. Polar Asset Management Partners Inc. now owns 814,010 shares of the technology company’s stock valued at $2,996,000 after purchasing an additional 289,010 shares during the last quarter. Fondren Management LP boosted its stake in shares of GlobalSCAPE by 6.2% during the second quarter. Fondren Management LP now owns 1,778,071 shares of the technology company’s stock valued at $6,881,000 after acquiring an additional 103,654 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of GlobalSCAPE by 48.4% during the first quarter. JPMorgan Chase & Co. now owns 58,296 shares of the technology company’s stock valued at $215,000 after acquiring an additional 19,008 shares during the last quarter.
GlobalSCAPE Company Profile
GlobalSCAPE, Inc, together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange, and data transfer and sharing for enterprises and consumers worldwide. It offers managed file transfer solutions, including enhanced file transfer platforms; and Mail Express solution that enable users to send and receive encrypted email and attachments of unlimited size.
Featured Article: Find a Trading Strategy That Works
Receive News & Ratings for GlobalSCAPE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GlobalSCAPE and related companies with MarketBeat.com's FREE daily email newsletter.