Insider Buying: Sacks Parente Golf, Inc. (NASDAQ:SPGC) Director Purchases 33,685 Shares of Stock

Sacks Parente Golf, Inc. (NASDAQ:SPGCGet Free Report) Director Brett Widney Hoge acquired 33,685 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were bought at an average cost of $0.50 per share, with a total value of $16,842.50. Following the purchase, the director now owns 289,085 shares in the company, valued at $144,542.50. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Sacks Parente Golf Trading Up 5.8 %

Shares of NASDAQ SPGC traded up $0.03 on Thursday, reaching $0.55. 43,683 shares of the company traded hands, compared to its average volume of 57,567. Sacks Parente Golf, Inc. has a fifty-two week low of $0.36 and a fifty-two week high of $30.00. The company has a 50 day moving average of $0.52 and a 200 day moving average of $0.62. The stock has a market capitalization of $8.03 million and a PE ratio of -1.41.

Sacks Parente Golf (NASDAQ:SPGCGet Free Report) last posted its quarterly earnings data on Tuesday, April 30th. The company reported ($0.08) EPS for the quarter. Sacks Parente Golf had a negative net margin of 804.76% and a negative return on equity of 130.52%. The company had revenue of $0.35 million for the quarter.

Sacks Parente Golf Company Profile

(Get Free Report)

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.

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