Insider Buying: Perfect Moment Ltd. (NASDAQ:PMNT) Director Buys 15,000 Shares of Stock

Perfect Moment Ltd. (NASDAQ:PMNT) Director Max Gottschalk purchased 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average price of $1.01 per share, with a total value of $15,150.00. Following the completion of the purchase, the director now owns 281,253 shares of the company’s stock, valued at $284,065.53. This trade represents a 5.63 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Max Gottschalk also recently made the following trade(s):

• On Friday, February 21st, Max Gottschalk purchased 13,000 shares of Perfect Moment stock. The shares were bought at an average price of $1.03 per share, with a total value of $13,390.00.

Perfect Moment Stock Down 4.9 %

NASDAQ PMNT opened at $0.98 on Friday. The company has a market capitalization of $16.56 million and a price-to-earnings ratio of -0.75. Perfect Moment Ltd. has a twelve month low of $0.66 and a twelve month high of $5.02. The stock has a fifty day simple moving average of $0.97 and a 200 day simple moving average of $1.01.

Institutional Trading of Perfect Moment

A hedge fund recently bought a new stake in Perfect Moment stock. US Bancorp DE acquired a new stake in Perfect Moment Ltd. (NASDAQ:PMNT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 250,000 shares of the company’s stock, valued at approximately $250,000. US Bancorp DE owned 1.56% of Perfect Moment as of its most recent SEC filing. 23.00% of the stock is owned by institutional investors and hedge funds.

About Perfect Moment

Perfect Moment Ltd., together with its subsidiaries, owns and operates a fashion brand that offers ski, surf, and activewear collections under the brand name of Perfect Moment. It offers skiwear, outerwear, swimwear and activewear for women, men, and children. The company sells its collections directly to customers through e-commerce and to wholesale accounts, as well as through other sales partnerships.