Rubico (NASDAQ:RUBI) Major Shareholder Financial Lp Hrt Sells 551,020 Shares of Stock

Rubico Inc. (NASDAQ:RUBIGet Free Report) major shareholder Financial Lp Hrt sold 551,020 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $0.95, for a total transaction of $523,469.00. Following the completion of the sale, the insider owned 384,941 shares of the company’s stock, valued at $365,693.95. This trade represents a 58.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Thursday, June 11th, Financial Lp Hrt bought 484,963 shares of Rubico stock. The stock was purchased at an average price of $0.81 per share, with a total value of $392,820.03.

Rubico Trading Down 11.6%

Rubico stock opened at $0.42 on Wednesday. Rubico Inc. has a 12-month low of $0.38 and a 12-month high of $15,654.60.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Rubico in a report on Monday. They issued a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Rubico has an average rating of “Sell”.

View Our Latest Stock Report on RUBI

About Rubico

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Rubico Inc is a provider of shipping transportation services specializing in the ownership of vessels. Rubico Inc is based in ATHENS, Greece.

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