Perfect Moment Ltd. (NASDAQ:PMNT) Director Max Gottschalk Purchases 10,000 Shares of Stock

Perfect Moment Ltd. (NASDAQ:PMNT) Director Max Gottschalk purchased 10,000 shares of the stock in a transaction on Thursday, February 27th. The shares were purchased at an average cost of $1.01 per share, with a total value of $10,100.00. Following the transaction, the director now owns 314,253 shares of the company’s stock, valued at $317,395.53. This trade represents a 3.29 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Monday, March 3rd, Max Gottschalk purchased 8,000 shares of Perfect Moment stock. The shares were purchased at an average cost of $0.94 per share, with a total value of $7,520.00.
• On Monday, February 24th, Max Gottschalk purchased 15,000 shares of Perfect Moment stock. The shares were purchased at an average cost of $1.01 per share, with a total value of $15,150.00.
• On Friday, February 21st, Max Gottschalk purchased 13,000 shares of Perfect Moment stock. The shares were purchased at an average cost of $1.03 per share, with a total value of $13,390.00.

Perfect Moment Price Performance

Shares of PMNT opened at $0.97 on Tuesday. The stock’s 50-day moving average is $0.96 and its two-hundred day moving average is $1.00. The stock has a market cap of $16.39 million and a PE ratio of -0.75. Perfect Moment Ltd. has a 12 month low of $0.66 and a 12 month high of $4.57.

Institutional Inflows and Outflows

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

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.