Insider Selling: RPGL (NASDAQ:RPGL) Major Shareholder Sells $53,035.50 in Stock

RPGL (NASDAQ:RPGL) major shareholder Cetera Wealth Services, Llc sold 35,357 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $1.50, for a total value of $53,035.50. Following the completion of the transaction, the insider owned 876,866 shares of the company’s stock, valued at $1,315,299. The trade was a 3.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Cetera Wealth Services, Llc also recently made the following trade(s):

• On Friday, March 6th, Cetera Wealth Services, Llc sold 44,064 shares of RPGL stock. The stock was sold at an average price of $1.30, for a total transaction of $57,283.20.
• On Wednesday, March 4th, Cetera Wealth Services, Llc sold 74,615 shares of RPGL stock. The stock was sold at an average price of $1.66, for a total transaction of $123,860.90.
• On Tuesday, March 3rd, Cetera Wealth Services, Llc sold 70,616 shares of RPGL stock. The stock was sold at an average price of $1.91, for a total transaction of $134,876.56.
• On Monday, March 2nd, Cetera Wealth Services, Llc sold 116,000 shares of RPGL stock. The shares were sold at an average price of $2.02, for a total transaction of $234,320.00.
• On Friday, February 27th, Cetera Wealth Services, Llc sold 100,298 shares of RPGL stock. The shares were sold at an average price of $2.12, for a total transaction of $212,631.76.
• On Thursday, February 26th, Cetera Wealth Services, Llc sold 1,312 shares of RPGL stock. The shares were sold at an average price of $5.01, for a total transaction of $6,573.12.
• On Wednesday, February 25th, Cetera Wealth Services, Llc sold 9,191 shares of RPGL stock. The stock was sold at an average price of $6.05, for a total transaction of $55,605.55.
• On Tuesday, February 24th, Cetera Wealth Services, Llc sold 13,917 shares of RPGL stock. The stock was sold at an average price of $7.43, for a total transaction of $103,403.31.
• On Tuesday, February 24th, Cetera Wealth Services, Llc bought 1,298,172 shares of RPGL stock. The shares were bought at an average price of $7.20 per share, for a total transaction of $9,346,838.40.

RPGL Stock Down 14.9%

Shares of RPGL stock opened at $1.31 on Monday. RPGL has a 12-month low of $1.26 and a 12-month high of $103.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on RPGL in a research note on Friday, January 30th. They issued a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

RPGL Company Profile

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.