S.R.L. Bp4 Sells 26,855 Shares of Milestone Scientific Inc. (NYSE:MLSS) Stock

Milestone Scientific Inc. (NYSE:MLSS) major shareholder S.R.L. Bp4 sold 26,855 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $0.91, for a total transaction of $24,438.05. Following the completion of the transaction, the insider now owns 9,591,602 shares in the company, valued at approximately $8,728,357.82. This trade represents a 0.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

S.R.L. Bp4 also recently made the following trade(s):

• On Friday, June 6th, S.R.L. Bp4 sold 60,200 shares of Milestone Scientific stock. The stock was sold at an average price of $0.90, for a total transaction of $54,180.00.
• On Thursday, May 29th, S.R.L. Bp4 sold 3,361 shares of Milestone Scientific stock. The stock was sold at an average price of $0.96, for a total transaction of $3,226.56.
• On Wednesday, May 28th, S.R.L. Bp4 sold 14,256 shares of Milestone Scientific stock. The stock was sold at an average price of $0.96, for a total transaction of $13,685.76.

Milestone Scientific Stock Down 2.7%

Shares of NYSE:MLSS opened at $0.89 on Thursday. The company’s 50 day moving average price is $0.94 and its two-hundred day moving average price is $1.00. Milestone Scientific Inc. has a 12-month low of $0.58 and a 12-month high of $1.39. The firm has a market cap of $69.86 million, a PE ratio of -12.72 and a beta of 0.90.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MLSS. Renaissance Technologies LLC lifted its holdings in shares of Milestone Scientific by 72.8% during the 4th quarter. Renaissance Technologies LLC now owns 126,275 shares of the company’s stock worth $121,000 after acquiring an additional 53,198 shares during the period. XTX Topco Ltd lifted its holdings in shares of Milestone Scientific by 99.2% during the 1st quarter. XTX Topco Ltd now owns 34,135 shares of the company’s stock worth $32,000 after acquiring an additional 17,002 shares during the period. Finally, Brookwood Investment Group LLC bought a new stake in shares of Milestone Scientific during the 1st quarter worth approximately $46,000. Institutional investors and hedge funds own 5.79% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on shares of Milestone Scientific in a research report on Sunday, May 18th. They set a “hold” rating on the stock.

About Milestone Scientific

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.