Newsmax (NYSE:NMAX) Major Shareholder Sells 2,191 Shares of Company Stock
MarketBeat
Newsmax Inc. (NYSE:NMAX - Get Free Report) major shareholder Conyers Investments Llc sold 2,191 shares of the firm's stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $11.05, for a total transaction of $24,210.55. Following the completion of the transaction, the insider owned 21,962,657 shares of the company's stock, valued at approximately $242,687,359.85. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NYSE:NMAX
