Eastside Distilling, Inc. (NASDAQ:BLNE) Director Joseph David Freedman Buys 15,251 Shares

Eastside Distilling, Inc. (NASDAQ:BLNE) Director Joseph David Freedman purchased 15,251 shares of the company’s stock in a transaction dated Wednesday, April 16th. The shares were purchased at an average cost of $1.17 per share, for a total transaction of $17,843.67. Following the transaction, the director now directly owns 101,161 shares in the company, valued at approximately $118,358.37. The trade was a 17.75 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Joseph David Freedman also recently made the following trade(s):

• On Tuesday, March 18th, Joseph David Freedman acquired 6,250 shares of Eastside Distilling stock. The stock was purchased at an average price of $2.84 per share, for a total transaction of $17,750.00.

Eastside Distilling Price Performance

Shares of NASDAQ:BLNE opened at $1.15 on Friday. The stock’s 50-day simple moving average is $4.25. Eastside Distilling, Inc. has a twelve month low of $0.89 and a twelve month high of $29.80. The company has a market capitalization of $8.29 million, a price-to-earnings ratio of -0.31 and a beta of 1.60.

Eastside Distilling Company Profile

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.