Insider Buying: Blackboxstocks Inc. (NASDAQ:BLBX) CFO Purchases 10,000 Shares of Stock

Blackboxstocks Inc. (NASDAQ:BLBX – Get Rating) CFO Robert L. Winspear purchased 10,000 shares of the business’s stock in a transaction on Friday, May 20th. The shares were purchased at an average price of $1.58 per share, with a total value of $15,800.00. Following the completion of the purchase, the chief financial officer now owns 158,000 shares in the company, valued at $249,640. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Blackboxstocks stock traded up $0.05 during trading hours on Monday, reaching $1.59. 3,648 shares of the stock traded hands, compared to its average volume of 703,808. The business’s 50 day moving average is $2.78. Blackboxstocks Inc. has a one year low of $1.44 and a one year high of $8.00. The company has a quick ratio of 3.65, a current ratio of 2.99 and a debt-to-equity ratio of 0.01.

Blackboxstocks (NASDAQ:BLBX – Get Rating) last released its quarterly earnings results on Thursday, March 31st. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.14). Research analysts anticipate that Blackboxstocks Inc. will post -0.07 EPS for the current fiscal year.

An institutional investor recently bought a new position in Blackboxstocks stock. Millennium Management LLC purchased a new stake in shares of Blackboxstocks Inc. (NASDAQ:BLBX – Get Rating) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 28,855 shares of the company’s stock, valued at approximately $103,000. Millennium Management LLC owned 0.27% of Blackboxstocks as of its most recent SEC filing. Hedge funds and other institutional investors own 0.84% of the company’s stock.

Blackboxstocks Company Profile (Get Rating)

Blackboxstocks Inc develops and markets financial technology and social media hybrid platform. It offers Blackbox System, a subscription-based software as a service that provides real-time proprietary analytics and news for stock and options traders. The company is headquartered in Dallas, Texas.

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