180 Degree Capital Corp (TURN) Chairman Kevin Rendino Acquires 19,395 Shares of Stock

180 Degree Capital Corp (NASDAQ:TURN) Chairman Kevin Rendino purchased 19,395 shares of the firm’s stock in a transaction that occurred on Friday, December 7th. The shares were acquired at an average cost of $1.94 per share, with a total value of $37,626.30. Following the completion of the transaction, the chairman now directly owns 502,000 shares of the company’s stock, valued at approximately $973,880. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Kevin Rendino also recently made the following trade(s):

  • On Monday, September 10th, Kevin Rendino purchased 10,000 shares of 180 Degree Capital stock. The shares were acquired at an average cost of $2.14 per share, with a total value of $21,400.00.

Shares of TURN traded up $0.03 on Friday, reaching $1.97. 137,720 shares of the company’s stock traded hands, compared to its average volume of 24,996. 180 Degree Capital Corp has a 52-week low of $1.68 and a 52-week high of $2.50.

An institutional investor recently raised its position in 180 Degree Capital stock. Financial Consulate Inc. raised its position in shares of 180 Degree Capital Corp (NASDAQ:TURN) by 4.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,976,214 shares of the company’s stock after purchasing an additional 75,984 shares during the period. 180 Degree Capital accounts for approximately 2.4% of Financial Consulate Inc.’s portfolio, making the stock its 7th largest holding. Financial Consulate Inc. owned 6.35% of 180 Degree Capital worth $4,290,000 at the end of the most recent reporting period. 33.54% of the stock is currently owned by institutional investors and hedge funds.

Separately, TheStreet raised 180 Degree Capital from a “d+” rating to a “c-” rating in a research report on Monday, August 13th.

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180 Degree Capital Company Profile

180 Degree Capital Corp. is a venture capital firm specializing in early stage investments. The firm seeks to invest in tiny technology including microsystems and transformative nanotechnology companies and applications in the cleantech, biotechnology, energy, healthcare, and electronic sectors. It prefers to invest in biology innovation, where intersecting with innovations in areas such as electronics, physics, materials science, chemistry, information technology, engineering and mathematics.

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Insider Buying and Selling by Quarter for 180 Degree Capital (NASDAQ:TURN)

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