Insider Selling: Aeropostale Inc (AROPQ) CEO Sells 280,792 Shares of Stock
Aeropostale Inc (NASDAQ:AROPQ) CEO Julian Geiger sold 280,792 shares of the company’s stock in a transaction on Tuesday, November 29th. The shares were sold at an average price of $0.04, for a total transaction of $11,231.68. Following the completion of the sale, the chief executive officer now owns 250,337 shares of the company’s stock, valued at approximately $10,013.48. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Aeropostale Inc (NASDAQ:AROPQ) traded down 3.23% during mid-day trading on Wednesday, reaching $0.03. 908,835 shares of the company traded hands. The firm’s 50-day moving average is $0.04 and its 200 day moving average is $0.05. Aeropostale Inc has a 52-week low of $0.02 and a 52-week high of $0.68. The stock’s market capitalization is $2.42 million.
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Aeropostale, Inc is a specialty retailer of casual apparel and accessories, principally serving young women and men through its Aeropostale stores and Website and 4 to 12 year-olds through its P.S. from Aeropostale stores and Website. The Company operates in two segments: retail stores and e-commerce, and international licensing.
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