WaveDancer, Inc. (NASDAQ:WAVD) CEO Gerald James Benoit, Jr. Buys 12,000 Shares

WaveDancer, Inc. (NASDAQ:WAVDGet Rating) CEO Gerald James Benoit, Jr. acquired 12,000 shares of the business’s stock in a transaction on Tuesday, May 24th. The shares were bought at an average price of $2.46 per share, with a total value of $29,520.00. Following the completion of the transaction, the chief executive officer now directly owns 914,645 shares of the company’s stock, valued at $2,250,026.70. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of WAVD traded down $0.18 during mid-day trading on Tuesday, hitting $2.25. 1,586 shares of the company’s stock were exchanged, compared to its average volume of 184,756. WaveDancer, Inc. has a 52 week low of $1.92 and a 52 week high of $6.00. The stock has a 50-day moving average of $4.42. The stock has a market capitalization of $39.14 million, a price-to-earnings ratio of -10.13 and a beta of 3.25.

WaveDancer (NASDAQ:WAVDGet Rating) last announced its earnings results on Tuesday, April 12th. The company reported ($0.11) EPS for the quarter. WaveDancer had a negative return on equity of 33.45% and a negative net margin of 23.83%. The business had revenue of $2.58 million for the quarter.

WaveDancer Company Profile (Get Rating)

WaveDancer, Inc provides software solutions for government and commercial organizations. Its software solutions specialize in secure supply chain management, as well as cutting edge IT network security. The company's technology brings transactions, documentation, and authorizations together in web-based interface that provides an unprecedented level of accountability, auditability, and predictability.

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