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.
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.
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