Outerwall Inc (NASDAQ:CSTR) major shareholder North Dakota Investors Llc sold 1,060,873 shares of the firm’s stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $15.00, for a total transaction of $15,913,095.00. Following the completion of the transaction, the insider now directly owns 1,060,873 shares of the company’s stock, valued at $15,913,095. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Outerwall Inc (NASDAQ:CSTR) opened at 16.2511 on Friday. The firm’s 50-day moving average is $0.00 and its 200 day moving average is $0.00. Outerwall Inc has a 1-year low of $15.86 and a 1-year high of $16.40.
Separately, Compass Point assumed coverage on shares of Outerwall in a report on Thursday. They issued a “buy” rating for the company.
Outerwall Company Profile
Outerwall Inc is a provider of automated retail solutions. The Company’s business segments are Redbox, Coinstar and ecoATM. Its offerings include Redbox business, which enables consumers to rent or purchase movies and video games from self-service kiosks (Redbox segment); Coinstar business, which enables consumers to convert their coins to cash and convert coins and cash to stored value products at self-service kiosks (Coinstar segment), and ecoATM business, which enables consumers to sell electronic devices for cash at self-service kiosks, and purchase and sell electronic devices for cash through an online solution under its Gazelle brand.
Receive News & Ratings for Outerwall Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Outerwall Inc and related companies with MarketBeat.com's FREE daily email newsletter.