Bevan Wright Acquires 10,000 Shares of Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Stock

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQGet Rating) EVP Bevan Wright bought 10,000 shares of the company’s stock in a transaction dated Thursday, May 19th. The stock was purchased at an average cost of $1.25 per share, for a total transaction of $12,500.00. Following the completion of the transaction, the executive vice president now owns 600,630 shares of the company’s stock, valued at $750,787.50. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Moving iMage Technologies stock traded up $0.07 during trading on Friday, hitting $1.33. The stock had a trading volume of 348,182 shares, compared to its average volume of 1,986,553. Moving iMage Technologies, Inc. has a 1 year low of $0.82 and a 1 year high of $27.31.

Several institutional investors have recently added to or reduced their stakes in MITQ. Susquehanna International Group LLP purchased a new position in Moving iMage Technologies during the fourth quarter valued at approximately $44,000. Geode Capital Management LLC purchased a new position in Moving iMage Technologies during the fourth quarter valued at approximately $75,000. Jane Street Group LLC purchased a new position in Moving iMage Technologies during the third quarter valued at approximately $105,000. Vanguard Group Inc. grew its position in Moving iMage Technologies by 21.4% during the first quarter. Vanguard Group Inc. now owns 78,388 shares of the company’s stock valued at $98,000 after purchasing an additional 13,835 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Moving iMage Technologies during the first quarter valued at approximately $149,000. 7.11% of the stock is currently owned by institutional investors and hedge funds.

About Moving iMage Technologies (Get Rating)

Moving iMage Technologies, Inc, a digital cinema company, designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. Its products and services focus on the integration needs associated with the building, modernization, and equipping of motion picture exhibition theatres.

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