MusclePharm Corp (OTCMKTS:MSLP) major shareholder Amerop Holdings, Inc. purchased 75,000 shares of the business’s stock in a transaction on Thursday, May 11th. The shares were acquired at an average cost of $2.00 per share, for a total transaction of $150,000.00. Following the completion of the transaction, the insider now directly owns 2,211,781 shares in the company, valued at $4,423,562. The purchase was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Amerop Holdings, Inc. also recently made the following trade(s):
Separately, ValuEngine cut shares of MusclePharm Corp from a “hold” rating to a “sell” rating in a report on Friday. MusclePharm Corp Company Profile