Insider Selling: Rubico (NASDAQ:RUBI) Major Shareholder Sells 551,020 Shares of Stock

Rubico Inc. (NASDAQ:RUBIGet Free Report) major shareholder Financial Lp Hrt sold 551,020 shares of Rubico stock in a transaction on Friday, June 12th. The shares were sold at an average price of $0.95, for a total value of $523,469.00. Following the completion of the transaction, the insider owned 384,941 shares of the company’s stock, valued at approximately $365,693.95. The trade was a 58.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Thursday, June 11th, Financial Lp Hrt bought 484,963 shares of Rubico stock. The stock was purchased at an average cost of $0.81 per share, with a total value of $392,820.03.

Rubico Price Performance

Shares of NASDAQ RUBI traded down $0.07 during midday trading on Tuesday, hitting $0.41. The stock had a trading volume of 4,028,383 shares, compared to its average volume of 5,324,045. Rubico Inc. has a fifty-two week low of $0.38 and a fifty-two week high of $15,654.60.

Rubico Inc is a transportation, communications, electric, gas, and sanitary services company in the Transportation industry.

Recommended Stories

Receive News & Ratings for Rubico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubico and related companies with MarketBeat.com's FREE daily email newsletter.