Insider Selling: RPGL (NASDAQ:RPGL) Major Shareholder Sells $20,727.20 in Stock

RPGL (NASDAQ:RPGL) major shareholder Cetera Wealth Services, Llc sold 31,888 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $0.65, for a total transaction of $20,727.20. Following the completion of the sale, the insider owned 648,767 shares in the company, valued at approximately $421,698.55. This trade represents a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 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 Thursday, March 19th, Cetera Wealth Services, Llc sold 648,767 shares of RPGL stock. The stock was sold at an average price of $0.55, for a total value of $356,821.85.
• On Tuesday, March 17th, Cetera Wealth Services, Llc sold 12,500 shares of RPGL stock. The stock was sold at an average price of $0.78, for a total value of $9,750.00.
• On Monday, March 16th, Cetera Wealth Services, Llc sold 9,700 shares of RPGL stock. The shares were sold at an average price of $0.83, for a total value of $8,051.00.
• On Friday, March 13th, Cetera Wealth Services, Llc sold 39,579 shares of RPGL stock. The stock was sold at an average price of $0.85, for a total value of $33,642.15.
• On Tuesday, March 10th, Cetera Wealth Services, Llc sold 24,200 shares of RPGL stock. The shares were sold at an average price of $1.11, for a total value of $26,862.00.
• On Monday, March 9th, Cetera Wealth Services, Llc sold 66,168 shares of RPGL stock. The shares were sold at an average price of $1.14, for a total value of $75,431.52.
• 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 value 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 value of $53,035.50.
• On Wednesday, March 4th, Cetera Wealth Services, Llc sold 74,615 shares of RPGL stock. The stock was sold at an average price of $1.66, for a total transaction of $123,860.90.
• On Tuesday, March 3rd, Cetera Wealth Services, Llc sold 70,616 shares of RPGL stock. The shares were sold at an average price of $1.91, for a total transaction of $134,876.56.

RPGL Stock Up 31.0%

RPGL stock opened at $0.69 on Friday. RPGL has a twelve month low of $0.52 and a twelve month high of $103.80.

Wall Street Analyst Weigh In

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

About RPGL

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.