eMagin Co. (NYSEAMERICAN:EMAN) Major Shareholder Stillwater Holdings Llc Sells 191,642 Shares

eMagin Co. (NYSEAMERICAN:EMAN) major shareholder Stillwater Holdings Llc sold 191,642 shares of the company’s stock in a transaction on Thursday, February 18th. The shares were sold at an average price of $4.29, for a total transaction of $822,144.18. Following the completion of the sale, the insider now directly owns 552,257 shares in the company, valued at $2,369,182.53. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Stillwater Holdings Llc also recently made the following trade(s):

  • On Wednesday, February 10th, Stillwater Holdings Llc sold 123,715 shares of eMagin stock. The stock was sold at an average price of $3.83, for a total transaction of $473,828.45.
  • On Monday, February 8th, Stillwater Holdings Llc sold 127,655 shares of eMagin stock. The shares were sold at an average price of $3.02, for a total transaction of $385,518.10.
  • On Friday, February 5th, Stillwater Holdings Llc sold 177,362 shares of eMagin stock. The shares were sold at an average price of $2.98, for a total transaction of $528,538.76.
  • On Wednesday, February 3rd, Stillwater Holdings Llc sold 205,252 shares of eMagin stock. The shares were sold at an average price of $2.71, for a total value of $556,232.92.
  • On Monday, January 25th, Stillwater Holdings Llc sold 894,001 shares of eMagin stock. The stock was sold at an average price of $2.89, for a total value of $2,583,662.89.

Shares of EMAN opened at $3.87 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.35 and a quick ratio of 1.59. The firm has a market cap of $261.23 million, a PE ratio of -27.64 and a beta of 1.82. eMagin Co. has a 1 year low of $0.14 and a 1 year high of $5.24. The stock’s fifty day moving average price is $1.48 and its two-hundred day moving average price is $1.29.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Private Capital Advisors Inc. bought a new position in shares of eMagin in the third quarter worth $36,000. BlackRock Inc. raised its stake in shares of eMagin by 105.2% during the 4th quarter. BlackRock Inc. now owns 31,256 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 16,023 shares during the period. IFP Advisors Inc lifted its holdings in eMagin by 60.0% during the 3rd quarter. IFP Advisors Inc now owns 40,000 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 15,000 shares in the last quarter. Bank of New York Mellon Corp bought a new position in eMagin in the 4th quarter worth about $93,000. Finally, Virtu Financial LLC grew its holdings in eMagin by 34.6% during the 3rd quarter. Virtu Financial LLC now owns 67,796 shares of the semiconductor company’s stock valued at $86,000 after buying an additional 17,420 shares in the last quarter. 10.00% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research downgraded shares of eMagin from a “hold” rating to a “sell” rating in a report on Monday, February 1st.

eMagin Company Profile

eMagin Corporation designs, develops, manufactures, and markets organic light-emitting diode (OLED) displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super eXtended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL/XLS.

Further Reading: How to Invest in Marijuana Stocks

Insider Buying and Selling by Quarter for eMagin (NYSEAMERICAN:EMAN)

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