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 on Thursday, September 22nd. The stock was sold at an average price of $0.03, for a total transaction of $16,330.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of Dakota Plains Holdings Inc (NYSE:DAKP) opened at 0.015 on Friday. The company’s market cap is $822045.00. The stock has a 50 day moving average of $0.12 and a 200 day moving average of $0.15. Dakota Plains Holdings Inc has a 1-year low of $0.01 and a 1-year high of $1.65.

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

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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