Atlantic International Corp. (NASDAQ:CIRC – Get Free Report) CEO Guus Paul Wilhelm Franke sold 308,783 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1.00, for a total value of $308,783.00. Following the transaction, the chief executive officer directly owned 12,207,287 shares of the company’s stock, valued at $12,207,287. This represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Atlantic International Price Performance
Atlantic International stock traded down $0.11 during midday trading on Tuesday, reaching $0.63. The stock had a trading volume of 2,129,000 shares, compared to its average volume of 5,264,130. Atlantic International Corp. has a 1-year low of $0.41 and a 1-year high of $5.25.
About Atlantic International
Atlantic International Corp. is a specialty staffing and workforce solutions company that provides professional and administrative talent to clients across a range of industries. Through its operating businesses, the company focuses on connecting employers with qualified candidates for temporary, temp-to-perm, and permanent placement needs.
The company’s services are generally centered on staffing, recruitment, and workforce management support, helping organizations address labor shortages and staffing fluctuations.
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