Corey James Ariel Hollister Sells 18,500 Shares of American Cannabis Company Inc (AMMJ) Stock

American Cannabis Company Inc (NASDAQ:AMMJ) major shareholder Corey James Ariel Hollister sold 18,500 shares of American Cannabis stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $0.85, for a total value of $15,725.00. Following the transaction, the insider now owns 12,063,658 shares in the company, valued at approximately $10,254,109.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Corey James Ariel Hollister also recently made the following trade(s):

  • On Tuesday, September 5th, Corey James Ariel Hollister sold 15,320 shares of American Cannabis stock. The shares were sold at an average price of $0.89, for a total value of $13,634.80.
  • On Thursday, August 31st, Corey James Ariel Hollister sold 21,500 shares of American Cannabis stock. The shares were sold at an average price of $0.92, for a total value of $19,780.00.

Shares of American Cannabis Company Inc (AMMJ) traded down 4.76% on Friday, hitting $0.80. The stock had a trading volume of 366,193 shares. American Cannabis Company Inc has a one year low of $0.12 and a one year high of $2.10. The firm has a 50 day moving average price of $0.78 and a 200 day moving average price of $0.64. The company’s market capitalization is $41.15 million.

American Cannabis (NASDAQ:AMMJ) last released its quarterly earnings data on Monday, August 21st. The company reported $0.01 EPS for the quarter. American Cannabis had a net margin of 34.62% and a return on equity of 87.64%. The business had revenue of $0.95 million during the quarter.

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About American Cannabis

American Cannabis Company, Inc, formerly Brazil Interactive Media, Inc, is a provider of professional consulting services, products and equipment. The Company primarily operates through two divisions within the regulated cannabis industry: consulting and professional services, and the sale of products and equipment utilized in the cultivation, processing, transportation or retail sale of cannabis.

Insider Buying and Selling by Quarter for American Cannabis (NASDAQ:AMMJ)

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