AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Major Shareholder Sells $256,484.35 in Stock

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 dated Monday, October 28th. The shares were sold at an average price of $2.51, for a total value of $256,484.35. Following the completion of the transaction, the insider now owns 2 shares in the company, valued at $5.02. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

AgEagle Aerial Systems Trading Up 2.8 %

Shares of UAVS opened at $2.80 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.77 and a debt-to-equity ratio of 0.04. AgEagle Aerial Systems, Inc. has a 52 week low of $1.54 and a 52 week high of $196.00.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AgEagle Aerial Systems stock. Virtu Financial LLC purchased a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.32% of AgEagle Aerial Systems as of its most recent SEC filing. Hedge funds and other institutional investors own 10.89% of the company’s stock.

About AgEagle Aerial Systems

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.