Insider Selling: Neuronetics (NASDAQ:STIM) Major Shareholder Sells 86,757 Shares of Company Stock
MarketBeat
Neuronetics, Inc. (NASDAQ:STIM - Get Free Report) major shareholder Jorey Chernett sold 86,757 shares of the company's stock in a transaction that occurred on Wednesday, November 11th. The stock was sold at an average price of $1.61, for a total value of $139,678.77. Following the completion of the sale, the insider directly owned 10,219,468 shares of the company's stock, valued at approximately $16,453,343.48. This represents a 0.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
NASDAQ:STIM