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American Cannabis Company Inc (AMMJ) Insider Ellis Lamar Smith Sells 160,885 Shares
November 9th, 2016 - By Amy Steele - 0 comments
American Cannabis Company logoAmerican Cannabis Company Inc (NASDAQ:AMMJ) insider Ellis Lamar Smith sold 160,885 shares of the firm’s stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $1.74, for a total value of $279,939.90. Following the sale, the insider now directly owns 12,523,366 shares in the company, valued at approximately $21,790,656.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of American Cannabis Company Inc (NASDAQ:AMMJ) opened at 1.64 on Wednesday. American Cannabis Company Inc has a 52-week low of $0.08 and a 52-week high of $2.10. The stock’s 50 day moving average price is $0.75 and its 200-day moving average price is $0.29. The firm’s market cap is $76.53 million.