Newsmax (NYSE:NMAX) Major Shareholder Sells 14,251 Shares
MarketBeat
Newsmax Inc. (NYSE:NMAX - Get Free Report) major shareholder Conyers Investments Llc sold 14,251 shares of the company's stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $11.02, for a total transaction of $157,046.02. Following the sale, the insider directly owned 21,987,639 shares of the company's stock, valued at $242,303,781.78. The trade was a 0.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NYSE:NMAX
