Algorhythm Holdings, Inc. (NASDAQ:RIME – Get Free Report) major shareholder Milton C. Ault III sold 17,733 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $0.58, for a total value of $10,285.14. Following the completion of the sale, the insider now directly owns 1,649,159 shares of the company’s stock, valued at approximately $956,512.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Algorhythm Price Performance
Shares of NASDAQ:RIME traded down $0.02 during trading on Tuesday, reaching $0.56. 92,875 shares of the company traded hands, compared to its average volume of 244,189. Algorhythm Holdings, Inc. has a 52-week low of $0.35 and a 52-week high of $1.97.
Algorhythm Company Profile
Featured Stories
- Five stocks we like better than Algorhythm
- What Investors Need to Know to Beat the Market
- Biohaven Stock Soars on Drug Trial Results: Time to Jump In?
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Is AMD a Legitimate Threat to NVIDIA? What Investors Should Watch
- What Are Dividends? Buy the Best Dividend Stocks
- Novo Nordisk’s Setback Won’t Last: A Game-Changing Drug Emerges
Receive News & Ratings for Algorhythm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algorhythm and related companies with MarketBeat.com's FREE daily email newsletter.