Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) produced a 281.58% rally since recording the worst price of $0.15. Thanks to the latest 132.28% increase, it now trades at $0.58. Throughout the trading on 7/11/2019, the share price floated between $0.31 and $0.92. This company shares are 244.83% off its target price of $2 and the current market capitalization stands at $13.5M. The recent change has given its price a 149.13% lead over SMA 50 and -86.82% deficit over its 52-week high. The stock witnessed 141.67% gains, 118.7% gains and 1.75% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RVLT’s volatility during a week at 46.06% and during a month it has been found around 20.12%.Revolution Lighting Technologies, Inc. (RVLT) Top Holders
Institutional investors currently hold around $1 million or 16.3% in RVLT stock. Look at its top three institutional owners: American Financial Group Inc owns $408 thousand in Revolution Lighting Technologies, Inc., which represents roughly 3.02% of the company’s market cap and approximately 40.8% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 549,309 shares of the stock are valued at $137 thousand. The third largest holder is Advisor Group, Inc., which currently holds $105 thousand worth of this stock and that ownership represents nearly 0.78% of its market capitalization.
At the end of March reporting period, 3 institutional holders increased their position in Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) by some 141,523 shares, 19 decreased positions by 678,054 and 15 held positions by 2,791,669. That puts total institutional holdings at 3,611,246 shares, according to SEC filings. The stock grabbed new institutional investments totaling shares while 9 institutional investors sold out their entire positions totaling 464,551 shares.Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) Insider Trades
Multiple company employees have indulged in significant insider trading. Revolution Lighting Technologies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman and CEO, 10% Owner LAPENTA ROBERT V has acquired 26,476 shares of Revolution Lighting Technologies, Inc. (RVLT) in the trading session dated Mar. 27, 2018. These shares are worth $91,607 and were traded at $3.46 each. The SEC filing shows that DePalma James performed a purchase of 20,000 shares. The CFO, 10% Owner added these shares by way of transaction on Mar. 01, 2018. The company’s shares were assimilated at $3.36 per share worth to an investment of some $67,200 to the account of DePalma James.
Chairman and CEO, 10% Owner, LAPENTA ROBERT V, purchased 25,000 common shares of Revolution Lighting Technologies, Inc. (RVLT) in the open market. In a transaction dated Feb. 21, 2018, the shares were bought at an average price of $3.48, giving away a sum of $87,000. After this purchase, 9,550,386 common shares of RVLT are directly owned by the insider, with total stake valued at $5,539,224.
In the transaction dated Jan. 29, 2018, a great number of shares acquired came courtesy the CFO, 10% Owner; DePalma James added a total of 150,000 shares at an average price of $3.6, amounting to approximately $540,000. The insider now directly owns 8,770,386 shares worth $5,086,824.