10% Shareholder Files Intent to Sell $465K in Stock
SODI sits 88% above its 52-week low of $14.23 on elevated volume (5.2× avg).
Summary
A major 10% shareholder, Olesen Value Fund L.P., plans to sell 20,000 shares of Solitron Devices stock, worth about $465,200.
Key Events · Ownership and Investor Activity · SODI
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Intent to Sell Shares
Olesen Value Fund L.P., a 10% stockholder, filed a Form 144 to sell 20,000 shares of common stock.
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Significant Transaction Value
The proposed sale has an approximate market value of $465,200.
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Filer is 10% Stockholder
The selling entity is identified as a 10% owner of Solitron Devices, indicating a notable reduction in a significant investor's position.
Analysis · SODI · Manufacturing
Olesen Value Fund L.P., a 10% stockholder, has filed a Form 144 indicating its intent to sell 20,000 shares of Solitron Devices common stock, valued at approximately $465,200. This represents a notable disposition by a significant investor, potentially signaling a reduction in their stake.
At the time of this filing, SODI was trading at $26.70 on OTC in the Manufacturing sector, with a market capitalization of approximately $57.5M. The 52-week trading range was $14.23 to $30.80. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.