AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Major Shareholder Of America Corp /De/ Bank Sells 102,185 Shares

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) major shareholder Of America Corp /De/ Bank sold 102,185 shares of the company’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $2.51, for a total transaction of $256,484.35. Following the sale, the insider now directly owns 2 shares of the company’s stock, valued at $5.02. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

AgEagle Aerial Systems Price Performance

UAVS traded up $0.03 on Wednesday, reaching $2.91. 2,283,626 shares of the company’s stock were exchanged, compared to its average volume of 829,075. AgEagle Aerial Systems, Inc. has a twelve month low of $1.54 and a twelve month high of $196.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.24 and a current ratio of 0.77.

AgEagle Aerial Systems (NYSEAMERICAN:UAVS) last released its earnings results on Wednesday, August 14th. The company reported ($12.00) earnings per share for the quarter. The business had revenue of $3.39 million during the quarter. AgEagle Aerial Systems had a negative return on equity of 272.78% and a negative net margin of 305.11%.

Hedge Funds Weigh In On AgEagle Aerial Systems

A hedge fund recently bought a new stake in AgEagle Aerial Systems stock. Virtu Financial LLC bought a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned 0.32% of AgEagle Aerial Systems at the end of the most recent reporting period. 10.89% of the stock is owned by hedge funds and other institutional investors.

AgEagle Aerial Systems Company Profile

AgEagle Aerial Systems, Inc, through its subsidiaries, designs and delivers autonomous unmanned aerial systems worldwide. The company operates in three segments: Drones; Sensors; and Software-as-a-Service (SaaS). It offers unmanned aerial vehicles under the eBee Ag, eBee Geo, eBee TAC, eBee X, and eBee VISION brands; and sensor solutions, such as Altum-PT, RedEdge-P, Aeria X, Duet M, Duet T, S.O.D.A., and S.O.D.A.