RPGL (NASDAQ:RPGL) Major Shareholder Cetera Wealth Services, Llc Sells 70,616 Shares

RPGL (NASDAQ:RPGL) major shareholder Cetera Wealth Services, Llc sold 70,616 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $1.91, for a total transaction of $134,876.56. Following the sale, the insider directly owned 986,838 shares of the company’s stock, valued at approximately $1,884,860.58. This trade represents a 6.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Cetera Wealth Services, Llc also recently made the following trade(s):

• On Friday, March 6th, Cetera Wealth Services, Llc sold 44,064 shares of RPGL stock. The stock was sold at an average price of $1.30, for a total transaction of $57,283.20.
• On Thursday, March 5th, Cetera Wealth Services, Llc sold 35,357 shares of RPGL stock. The stock was sold at an average price of $1.50, for a total transaction of $53,035.50.
• On Wednesday, March 4th, Cetera Wealth Services, Llc sold 74,615 shares of RPGL stock. The shares were sold at an average price of $1.66, for a total transaction of $123,860.90.
• On Monday, March 2nd, Cetera Wealth Services, Llc sold 116,000 shares of RPGL stock. The shares were sold at an average price of $2.02, for a total transaction of $234,320.00.
• On Friday, February 27th, Cetera Wealth Services, Llc sold 100,298 shares of RPGL stock. The shares were sold at an average price of $2.12, for a total transaction of $212,631.76.
• On Thursday, February 26th, Cetera Wealth Services, Llc sold 1,312 shares of RPGL stock. The shares were sold at an average price of $5.01, for a total value of $6,573.12.
• On Wednesday, February 25th, Cetera Wealth Services, Llc sold 9,191 shares of RPGL stock. The stock was sold at an average price of $6.05, for a total value of $55,605.55.
• On Tuesday, February 24th, Cetera Wealth Services, Llc sold 13,917 shares of RPGL stock. The stock was sold at an average price of $7.43, for a total value of $103,403.31.
• On Tuesday, February 24th, Cetera Wealth Services, Llc bought 1,298,172 shares of RPGL stock. The stock was purchased at an average price of $7.20 per share, for a total transaction of $9,346,838.40.

RPGL Price Performance

RPGL stock traded down $0.23 during midday trading on Friday, reaching $1.31. 1,048,992 shares of the stock traded hands, compared to its average volume of 600,119. RPGL has a 12 month low of $1.26 and a 12 month high of $103.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on shares of RPGL in a report on Friday, January 30th. They issued a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

RPGL Company Profile

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.