IEyeNews

iLocal News Archives

Anashkhan Gabbazova Insider Trading for 1,500,000 Shares of Net Element International Inc (NASDAQ:NETE)

generic-stocks2By Octa Staff From OCTA Finance

Anashkhan Gabbazova Insider Sell Transaction

Net Element International Inc (NASDAQ:NETE) 1.15 0.00 0.00% shareholder Anashkhan Gabbazova on the April 06, 2015 unloaded a total of 1,500,000 shares of the professional& scientific& and technical services’s company with a total value $3,000,000 U.S Dollars. This is based on an average market price per share of $2.0 U.S Dollars. The prospect that the trade stays ignored is very low because of the big amount of money involved. Today, Anashkhan Gabbazova owns 4.07 million shares which are equivalent to roughly 9.15% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding). This is as reported in a SEC filling dated April 06, 2015.

Net Element Inc Stock Rating, Sentiment and Fundamentals

Anashkhan most probably done the trade because he’s a pessimist and trusts that there’s a no special future for the Company and for its share price. Two stock analysts following the developments of Net Element Inc stated, that the Florida-based company’s earnings for each share is expected at $-0.09.

Anashkhan-Gabbazova-Insider-Trading-for-1500000-Shares-of-Net-Element-International-Rating & Sentiment
PsychSignal Social: BUY
Analysts Rating: BUY
Hedge Funds Sentiment: BUY
Stock Fundamentals
Earnings + FCF Trend: SELL
Sector/Industry Macro: BULLISH
Anashkhan-Gabbazova-Insider-Trading-for-1500000-Shares-of-Net-Element-International-Stock-Price-ChartValuation Models: –
Technical Analysis
ST Trend: UP
MT Trend: DOWN
LT Trend: DOWN
OctaFinance Rating: SELL
According to OctaFinance’s back-tested equities momentum model, we can undisputedly rate it a “SELL” alike Anashkhan’s up-to-date knowledge. Net Element Inc’s stock price dived by 53.17% in the last 200 days and is still going downward.

Price Chart of Net Element International NASDAQ:NETE Stock

Anashkhan Gabbazova Insider Trading for 1500000 Shares of Net Element International -Stock-Price-Chart

Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations

Hedge Funds Ownership

Data gathered from 13F SEC fillings, disclose that 14 investment managers own Net Element Inc. Our tracked institutional players have historically had a low interest in the company’s stock, and that was also the case in Q4 2014. The institutional ownership was 1.64% of the stock’s outstanding shares. Its up 101.60% from Q3 2014. These institutional investors increased the total shares they own by 392,602 to 779,031 this quarter. A total of 3 funds opened new positions in Net Element Inc and 6 increased their holdings. There were 5 funds that closed their positions and 2 that reduced them.

HEDGE-FUNDS-LIST-DATABASE-FREE Spark Investment Management Llc is the most positive hedge fund on Net Element Inc, with ownership of 136,600 shares as of Q4 2014 for 0.03% of the fund’s portfolio. Nomura Holdings Inc is another positive asset manager possessing 14,500 shares of the company or less than 0.01% of their stocks portfolio. Moreover National Planning Corp have less than 0.01% of their stock portfolio invested in the company’s market cap for 3,000 shares. The New Jersey-based fund Kcg Holdings Inc. disclosed it had purchased a stake worth less than 0.01% of the fund’s stock portfolio in Net Element Inc. The Pennsylvania-based fund Vanguard Group Inc is also very upbeat about the public company, possessing 372,095 shares or less than 0.01% of their stock portfolio.

Net Element International NASDAQ:NETE Company Profile

Net Element Inc was founded in Delaware on 2012-10-02. Now its market cap is: $52.47 million and it has 44.47 million outstanding shares. This company has 65 employees. At the moment there are 1.71% shareholders and the institutional ownership stands at 1.71%. The stock closed at $1.18 yesterday and it had average 2 days volume of 80507 shares. It is up from the 30 days average shares volume of 72171. Net Element Inc has a 52 weeks low of $0.91 and a 52weeks high of $5.75. The stock price is below the 200 days Simple moving average.

* Cayman Invest – S. A. sold such security in a private sale pursuant to a privately negotiated Stock Purchase Agreement dated April 2 – 2015.

• This security is owned directly by Cayman Invest S.A. Anashkhan Gabbazova may be deemed to share beneficial ownership of the security held by Cayman Invest S.A. by virtue of her status as the sole director and shareholder of Cayman Invest S.A. Anashkhan Gabbazova disclaims beneficial ownership of such shares – except to the extent of her pecuniary interest therein.

For more on this story go to: http://www.octafinance.com/anashkhan-gabbazova-insider-trading-for-1500000-shares-of-net-element-international-inc-nasdaqnete/

IMAGE: sleekmoney.com

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *