E Jeffrey Peierls Sells 8,273 Shares of Aero Grow International Inc. (AERO) Stock

Aero Grow International Inc. (OTCMKTS:AERO) major shareholder E Jeffrey Peierls sold 8,273 shares of the business’s stock in a transaction dated Wednesday, September 28th. The stock was sold at an average price of $4.08, for a total transaction of $33,753.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Aero Grow International Inc. (OTCMKTS:AERO) opened at 4.50 on Friday. Aero Grow International Inc. has a one year low of $0.86 and a one year high of $5.85. The firm has a 50-day moving average of $3.46 and a 200-day moving average of $2.71. The company’s market capitalization is $38.58 million.

Aero Grow International (OTCMKTS:AERO) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($0.20) EPS for the quarter. The business earned $2.16 million during the quarter, compared to analysts’ expectations of $1.57 million. Aero Grow International had a negative net margin of 4.78% and a negative return on equity of 60.02%. On average, analysts anticipate that Aero Grow International Inc. will post $105.00 earnings per share for the current year.

About Aero Grow International

AeroGrow International, Inc is a developer, marketer, direct-seller and wholesaler of indoor garden systems designed for consumer use in the gardening, cooking, healthy eating, and home and office decor markets. The Company offers multiple lines of indoor gardens, grow lights, nutrient formula, over 40 seed pod kits, and various cooking, gardening and decor accessories, in the United States and Canada, as well as selected countries in Europe, Asia and Australia.

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