Digital Ally (NASDAQ:KUST) Major Shareholder Sells 54,638 Shares of Stock

Digital Ally, Inc. (NASDAQ:KUST) major shareholder Financial Lp Hrt sold 54,638 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1.44, for a total value of $78,678.72. Following the completion of the transaction, the insider directly owned 17,869 shares of the company’s stock, valued at $25,731.36. This represents a 75.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Tuesday, June 30th, Financial Lp Hrt purchased 25,791 shares of Digital Ally stock. The stock was purchased at an average cost of $1.11 per share, for a total transaction of $28,628.01.

Digital Ally Trading Down 17.3%

KUST traded down $0.23 during trading on Thursday, reaching $1.10. The stock had a trading volume of 1,251,736 shares, compared to its average volume of 1,702,205. Digital Ally, Inc. has a one year low of $0.85 and a one year high of $36.90.

Digital Ally Company Profile

Digital Ally, Inc produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; miniature body-worn digital video systems for law enforcement and private security; and VuLink, an in-car device that enables an in-car digital audio/video system and a body worn digital audio/video camera system to automatically and simultaneously start recording.