Insider Selling: Ramaco Resources (NASDAQ:METC) Major Shareholder Sells 500,000 Shares of Stock
MarketBeat
Ramaco Resources, Inc. (NASDAQ:METC - Get Free Report) major shareholder Discovery Capital Management, sold 500,000 shares of Ramaco Resources stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $9.57, for a total transaction of $4,785,000.00. Following the completion of the sale, the insider owned 4,811,360 shares of the company's stock, valued at approximately $46,044,715.20. This trade represents a 9.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
NASDAQ:METC
