Dakota Plains Holdings Inc (DAKP) Major Shareholder Sells $16,330.44 in Stock

Dakota Plains Holdings Inc (NYSE:DAKP) major shareholder Jeffrey E. Eberwein sold 544,348 shares of the company’s stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of $0.03, for a total transaction of $16,330.44. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Dakota Plains Holdings Inc (NYSE:DAKP) opened at 0.015 on Friday. Dakota Plains Holdings Inc has a 12 month low of $0.01 and a 12 month high of $1.65. The firm’s market capitalization is $822045.00. The stock’s 50 day moving average is $0.12 and its 200-day moving average is $0.15.

An institutional investor recently raised its position in Dakota Plains Holdings stock. Perkins Capital Management Inc. increased its position in shares of Dakota Plains Holdings Inc (NYSE:DAKP) by 104.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 977,500 shares of the company’s stock after buying an additional 500,000 shares during the period. Perkins Capital Management Inc. owned about 1.79% of Dakota Plains Holdings worth $108,000 at the end of the most recent quarter.

Dakota Plains Holdings Company Profile

Dakota Plains Holdings, Inc is an integrated midstream energy company. The Company is engaged in operating the Pioneer Terminal, with services that include outbound crude oil storage, logistics and rail transportation, and inbound fracturing (frac) sand logistics. The Company has two operating segments, which include the crude oil and frac sand transloading operations.

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