Insider Selling: Saga Communications, Inc. (NASDAQ:SGA) Major Shareholder Sells 1,027 Shares of Stock
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Saga Communications, Inc. (NASDAQ:SGA - Get Free Report) major shareholder Edward K. Christian Trust sold 1,027 shares of Saga Communications stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $12.59, for a total transaction of $12,929.93. Following the completion of the transaction, the insider directly owned 897,159 shares in the company, valued at approximately $11,295,231.81. The trade was a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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.
NASDAQ:SGA
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