S.R.L. Bp4 Sells 23,797 Shares of Milestone Scientific Inc. (NYSE:MLSS) Stock

Milestone Scientific Inc. (NYSE:MLSS - Get Free Report) major shareholder S.R.L. Bp4 sold 23,797 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $0.90, for a total transaction of $21,417.30. Following the completion of the sale, the insider now directly owns 9,457,239 shares of the company's stock, valued at $8,511,515.10. The trade was a 0.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

S.R.L. Bp4 also recently made the following trade(s):

• On Friday, June 6th, S.R.L. Bp4 sold 60,200 shares of Milestone Scientific stock. The stock was sold at an average price of $0.90, for a total transaction of $54,180.00.
• On Thursday, June 5th, S.R.L. Bp4 sold 26,855 shares of Milestone Scientific stock. The stock was sold at an average price of $0.91, for a total value of $24,438.05.
• On Thursday, May 29th, S.R.L. Bp4 sold 3,361 shares of Milestone Scientific stock. The stock was sold at an average price of $0.96, for a total transaction of $3,226.56.
• On Wednesday, May 28th, S.R.L. Bp4 sold 14,256 shares of Milestone Scientific stock. The stock was sold at an average price of $0.96, for a total value of $13,685.76.

Milestone Scientific Stock Performance

Milestone Scientific stock remained flat at $0.88 during midday trading on Monday. The company had a trading volume of 64,559 shares, compared to its average volume of 129,757. The firm has a 50 day moving average price of $0.94 and a 200-day moving average price of $1.00. The company has a market cap of $69.06 million, a price-to-earnings ratio of -12.57 and a beta of 0.90. Milestone Scientific Inc. has a fifty-two week low of $0.58 and a fifty-two week high of $1.39.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on shares of Milestone Scientific in a research report on Sunday, May 18th. They set a "hold" rating on the stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC lifted its holdings in Milestone Scientific by 72.8% during the 4th quarter. Renaissance Technologies LLC now owns 126,275 shares of the company's stock valued at $121,000 after purchasing an additional 53,198 shares during the last quarter. Brookwood Investment Group LLC bought a new position in shares of Milestone Scientific in the first quarter valued at about $46,000. Finally, XTX Topco Ltd lifted its stake in shares of Milestone Scientific by 99.2% during the 1st quarter. XTX Topco Ltd now owns 34,135 shares of the company's stock worth $32,000 after buying an additional 17,002 shares during the last quarter. 5.79% of the stock is currently owned by institutional investors.

Milestone Scientific Company Profile

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.