Insider Selling: Pinetree Capital Ltd. (TSE:PNP) Insider Sells 6,300 Shares of Stock

Pinetree Capital Ltd. (TSE:PNP) insider L6 Holdings Inc. sold 6,300 shares of the firm’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of C$14.19, for a total transaction of C$89,397.00.

L6 Holdings Inc. also recently made the following trade(s):

• On Wednesday, March 26th, L6 Holdings Inc. sold 7,800 shares of Pinetree Capital stock. The shares were sold at an average price of C$14.13, for a total value of C$110,214.00.
• On Monday, March 24th, L6 Holdings Inc. sold 10,000 shares of Pinetree Capital stock. The stock was sold at an average price of C$14.15, for a total transaction of C$141,450.00.
• On Friday, March 21st, L6 Holdings Inc. sold 11,000 shares of Pinetree Capital stock. The shares were sold at an average price of C$13.95, for a total transaction of C$153,450.00.
• On Wednesday, March 19th, L6 Holdings Inc. sold 3,000 shares of Pinetree Capital stock. The stock was sold at an average price of C$14.26, for a total transaction of C$42,780.00.

Pinetree Capital Stock Performance

TSE PNP traded up C$0.15 on Friday, reaching C$14.20. 8,673 shares of the stock traded hands, compared to its average volume of 11,744. Pinetree Capital Ltd. has a 12 month low of C$5.50 and a 12 month high of C$15.43. The company has a fifty day moving average price of C$13.22 and a 200-day moving average price of C$10.73. The company has a market cap of C$133.30 million, a price-to-earnings ratio of 7.04 and a beta of 0.60.

About Pinetree Capital

Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree’s investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.