Eastside Distilling, Inc. (NASDAQ:BLNE) Director Acquires $17,843.67 in Stock

Eastside Distilling, Inc. (NASDAQ:BLNE) Director Joseph David Freedman purchased 15,251 shares of the stock in a transaction on Wednesday, April 16th. The stock was acquired at an average price of $1.17 per share, for a total transaction of $17,843.67. Following the completion of the purchase, the director now directly owns 101,161 shares in the company, valued at approximately $118,358.37. The trade was a 17.75 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Joseph David Freedman also recently made the following trade(s):

• On Tuesday, March 18th, Joseph David Freedman bought 6,250 shares of Eastside Distilling stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $17,750.00.

Eastside Distilling Stock Performance

BLNE stock opened at $1.15 on Friday. The company has a market capitalization of $9.31 million, a P/E ratio of -0.31 and a beta of 1.60. Eastside Distilling, Inc. has a twelve month low of $0.89 and a twelve month high of $29.80. The company has a 50 day moving average of $4.13.

Eastside Distilling Company Profile

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.