Milestone Scientific Inc. (NYSE:MLSS) Major Shareholder Sells $13,685.76 in Stock

Milestone Scientific Inc. (NYSE:MLSS - Get Free Report) major shareholder S.R.L. Bp4 sold 14,256 shares of Milestone Scientific stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $0.96, for a total value of $13,685.76. Following the completion of the sale, the insider now directly owns 9,658,192 shares of the company's stock, valued at approximately $9,271,864.32. This represents a 0.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% 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 Thursday, May 29th, S.R.L. Bp4 sold 3,361 shares of Milestone Scientific stock. The shares were sold at an average price of $0.96, for a total value of $3,226.56.

Milestone Scientific Price Performance

MLSS stock traded down $0.03 during trading on Tuesday, reaching $0.92. 41,376 shares of the stock traded hands, compared to its average volume of 128,365. The business's 50 day moving average price is $0.95 and its 200-day moving average price is $0.99. Milestone Scientific Inc. has a 52-week low of $0.58 and a 52-week high of $1.39. The firm has a market capitalization of $72.20 million, a PE ratio of -13.14 and a beta of 0.93.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen began coverage on Milestone Scientific in a research report on Sunday, May 18th. They set a "hold" rating for the company.

Institutional Investors Weigh In On Milestone Scientific

A number of institutional investors have recently added to or reduced their stakes in MLSS. XTX Topco Ltd grew its position in Milestone Scientific by 99.2% during the first quarter. XTX Topco Ltd now owns 34,135 shares of the company's stock valued at $32,000 after acquiring an additional 17,002 shares during the period. Brookwood Investment Group LLC purchased a new stake in Milestone Scientific during the first quarter valued at about $46,000. Finally, Renaissance Technologies LLC lifted its stake in shares of Milestone Scientific by 72.8% during the fourth quarter. Renaissance Technologies LLC now owns 126,275 shares of the company's stock worth $121,000 after purchasing an additional 53,198 shares in the last quarter. Hedge funds and other institutional investors own 5.79% of the company's stock.

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.