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Insider Trends: Scientific Industries Insider Receives Stock Award, Buy Trend Intact

05/07/2021 09:08

12:55 PM EDT, 05/07/2021 (MT Newswires) -- Roy T Eddleman, 10% Owner, was awarded 421,052 Scientific Industries (SCND) shares Apr 29, 2021 which had an approximate daily closing price value of $4,210,520. Following the Form 4 filing with the SEC, Eddleman indirectly controls 1,232,888 shares of the company, with a market value, based on the prior-day closing price, of $12.3 million.

There have been 3 insider transactions during the 90-day period previous to the date of this filing from the activities of 3 separate insiders all of which have been purchases and resulted in the acquisition of 24,208 company shares. This compares with the preceding 90-day window of time where there were 4 transactions from 1 insider which resulted in the disposition of 865 shares.

This is lower than the average level of insider transactions in the 93-company Medical Equipment, Supplies & Distribution peer group over the last 90-day period. Within the peer group activity averaged 104.9 transactions per company, and disposition of 9,374 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/87802/000121390021025052/xslF345X03/ownership.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.