Insider Selling: Off The Hook Ys (NYSEAMERICAN:OTH) CEO Sells 120,000 Shares of Stock

Off The Hook Ys Inc. (NYSEAMERICAN:OTH) CEO Brian John sold 120,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $2.41, for a total transaction of $289,200.00. Following the completion of the sale, the chief executive officer directly owned 1,133,350 shares in the company, valued at approximately $2,731,373.50. This trade represents a 9.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Off The Hook Ys Stock Down 0.8%

NYSEAMERICAN:OTH traded down $0.02 during mid-day trading on Tuesday, hitting $2.42. The stock had a trading volume of 46,614 shares, compared to its average volume of 67,252. The firm’s 50-day simple moving average is $2.63. Off The Hook Ys Inc. has a twelve month low of $1.70 and a twelve month high of $3.90.

Analysts Set New Price Targets

Separately, ThinkEquity upgraded shares of Off The Hook Ys to a “strong-buy” rating in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Hedge Funds Weigh In On Off The Hook Ys

Hedge funds have recently added to or reduced their stakes in the stock. HRT Financial LP purchased a new position in shares of Off The Hook Ys during the fourth quarter worth approximately $58,000. Millennium Management LLC purchased a new position in shares of Off The Hook Ys during the fourth quarter worth approximately $52,000. Geode Capital Management LLC purchased a new position in shares of Off The Hook Ys during the fourth quarter worth approximately $42,000. Finally, Jane Street Group LLC purchased a new position in shares of Off The Hook Ys during the fourth quarter worth approximately $35,000.

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.