RiceBran Technologies (RIBT) CFO Brent Robert Rystrom Purchases 17,300 Shares of Stock
RiceBran Technologies (NASDAQ:RIBT) CFO Brent Robert Rystrom bought 17,300 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The stock was purchased at an average price of $1.46 per share, with a total value of $25,258.00. Following the completion of the purchase, the chief financial officer now directly owns 74,745 shares in the company, valued at approximately $109,127.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Brent Robert Rystrom also recently made the following trade(s):
- On Wednesday, December 13th, Brent Robert Rystrom bought 5,000 shares of RiceBran Technologies stock. The stock was purchased at an average price of $1.41 per share, with a total value of $7,050.00.
- On Wednesday, December 6th, Brent Robert Rystrom bought 31,155 shares of RiceBran Technologies stock. The stock was purchased at an average price of $1.36 per share, with a total value of $42,370.80.
Shares of RiceBran Technologies (NASDAQ RIBT) traded up $0.03 during mid-day trading on Friday, reaching $1.46. 16,165 shares of the company’s stock traded hands, compared to its average volume of 128,086. RiceBran Technologies has a 1 year low of $0.69 and a 1 year high of $1.49.
Several equities research analysts have issued reports on RIBT shares. ValuEngine upgraded shares of RiceBran Technologies from a “strong sell” rating to a “sell” rating in a research report on Friday, September 15th. Maxim Group restated a “hold” rating on shares of RiceBran Technologies in a research report on Friday, November 10th.
A hedge fund recently bought a new stake in RiceBran Technologies stock. First Eagle Investment Management LLC acquired a new position in shares of RiceBran Technologies (NASDAQ:RIBT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 199,978 shares of the company’s stock, valued at approximately $256,000. First Eagle Investment Management LLC owned about 1.19% of RiceBran Technologies as of its most recent SEC filing. 5.49% of the stock is currently owned by institutional investors and hedge funds.
About RiceBran Technologies
RiceBran Technologies is a human food ingredient, functional food ingredient, packaged functional food and animal nutrition company. The Company is focused on processing and marketing of nutrient dense products derived from raw rice, an underutilized by-product of the rice milling industry. The Company has two operating segments.
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