Insider Buying: Perfect Moment Ltd. (NASDAQ:PMNT) Director Buys 10,000 Shares of Stock

Perfect Moment Ltd. (NASDAQ:PMNT) Director Max Gottschalk bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average price of $1.01 per share, for a total transaction of $10,100.00. Following the transaction, the director now owns 314,253 shares in the company, valued at $317,395.53. This trade represents a 3.29 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Max Gottschalk also recently made the following trade(s):

• On Monday, March 3rd, Max Gottschalk purchased 8,000 shares of Perfect Moment stock. The stock was purchased at an average cost of $0.94 per share, for a total transaction of $7,520.00.
• On Monday, February 24th, Max Gottschalk purchased 15,000 shares of Perfect Moment stock. The stock was purchased at an average cost of $1.01 per share, for a total transaction of $15,150.00.
• On Friday, February 21st, Max Gottschalk purchased 13,000 shares of Perfect Moment stock. The stock was purchased at an average cost of $1.03 per share, for a total transaction of $13,390.00.

Perfect Moment Price Performance

Perfect Moment stock traded up $0.02 during trading hours on Monday, reaching $0.97. The stock had a trading volume of 152,767 shares, compared to its average volume of 250,777. The stock has a market cap of $16.39 million and a PE ratio of -0.75. Perfect Moment Ltd. has a 52 week low of $0.66 and a 52 week high of $4.57. The company has a fifty day simple moving average of $0.96 and a 200-day simple moving average of $1.00.

Institutional Investors Weigh In On Perfect Moment

A hedge fund recently bought a new stake in Perfect Moment stock. Magnus Financial Group LLC purchased a new position in Perfect Moment Ltd. (NASDAQ:PMNT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 27,425 shares of the company’s stock, valued at approximately $27,000. Magnus Financial Group LLC owned about 0.17% of Perfect Moment as of its most recent SEC filing. 23.00% of the stock is owned by institutional investors and hedge funds.

About Perfect Moment

Perfect Moment Ltd., together with its subsidiaries, owns and operates a fashion brand that offers ski, surf, and activewear collections under the brand name of Perfect Moment. It offers skiwear, outerwear, swimwear and activewear for women, men, and children. The company sells its collections directly to customers through e-commerce and to wholesale accounts, as well as through other sales partnerships.