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Insider Trends: Insider Prolongs 90-Day Selling Trend at Milestone Scientific

· 02/05/2021 12:27

05:17 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, 10% Owner and Director, Giandomenico Trombetta, executed a sale of 37,780 shares in Milestone Scientific (MLSS) for $116,256. After the Form 4 filing with the SEC, Trombetta has 9,941,039 shares of the company, which have a market value of $32.7 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 25 insider transactions reported to the SEC for Milestone Scientific. These transactions came from the activities of 7 different insiders that resulted in a net disposition of 413,445 company shares. In the preceding 90-day window of time, there were 3 transactions from 3 insiders which resulted in the net acquisition of 15,232 shares.

This is a lower level of transactions than the peer group average in the 4-company Medical Supplies peer group over the last 90-day period. Within the peer group activity averaged 226.8 transactions per company, and disposition of 122,279 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/855683/000143774921002124/xslF345X03/rdgdoc.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.