Off The Hook Ys (NYSEAMERICAN:OTH) Chairman Sells $950,000.00 in Stock

Off The Hook Ys Inc. (NYSEAMERICAN:OTH) Chairman Jason Daniel Ruegg sold 475,000 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $2.00, for a total value of $950,000.00. Following the completion of the transaction, the chairman owned 10,775,000 shares of the company’s stock, valued at $21,550,000. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Jason Daniel Ruegg also recently made the following trade(s):

• On Friday, May 15th, Jason Daniel Ruegg sold 5,000 shares of Off The Hook Ys stock. The shares were sold at an average price of $2.64, for a total value of $13,200.00.

Off The Hook Ys Stock Down 0.8%

Shares of NYSEAMERICAN:OTH traded down $0.02 during midday trading on Tuesday, reaching $2.42. The company had a trading volume of 46,614 shares, compared to its average volume of 67,252. Off The Hook Ys Inc. has a 1-year low of $1.70 and a 1-year high of $3.90. The company has a fifty day simple moving average of $2.63.

Institutional Investors Weigh In On Off The Hook Ys

A number of institutional investors have recently bought and sold shares of OTH. Geode Capital Management LLC acquired a new stake in Off The Hook Ys during the 4th quarter worth about $42,000. HRT Financial LP acquired a new stake in Off The Hook Ys during the 4th quarter worth about $58,000. Jane Street Group LLC acquired a new stake in Off The Hook Ys during the 4th quarter worth about $35,000. Finally, Millennium Management LLC acquired a new stake in Off The Hook Ys during the 4th quarter worth about $52,000.

Analysts Set New Price Targets

Separately, ThinkEquity upgraded Off The Hook Ys to a “strong-buy” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

Off The Hook Ys Company Profile

We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTHYS has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTHYS has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals.