Naseem Saloojee Buys 316,875 Shares of SUMAU (NASDAQ:SUMAU) Stock

SUMAU (NASDAQ:SUMAU) insider Naseem Saloojee purchased 316,875 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was purchased at an average cost of $10.00 per share, for a total transaction of $3,168,750.00. Following the transaction, the insider owned 316,875 shares of the company’s stock, valued at approximately $3,168,750. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

SUMAU Price Performance

Shares of SUMAU stock opened at $10.02 on Wednesday. SUMAU has a 1-year low of $9.98 and a 1-year high of $10.04.