Sigma Labs Inc. Common Stock (SGLB) Major Shareholder Carl I. Schwartz Purchases 500,000 Shares

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Sigma Labs Inc. Common Stock (NASDAQ:SGLB) major shareholder Carl I. Schwartz acquired 500,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 29th. The shares were acquired at an average price of $1.00 per share, with a total value of $500,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of SGLB stock opened at $1.05 on Thursday. Sigma Labs Inc. Common Stock has a twelve month low of $0.73 and a twelve month high of $4.48.

Sigma Labs Inc. Common Stock (NASDAQ:SGLB) last announced its quarterly earnings data on Tuesday, August 14th. The company reported ($0.25) earnings per share for the quarter. The business had revenue of $0.10 million for the quarter. Sigma Labs Inc. Common Stock had a negative return on equity of 168.04% and a negative net margin of 1,294.78%.

About Sigma Labs Inc. Common Stock

Sigma Labs, Inc develops and commercializes manufacturing and materials technologies. It offers PrintRite3D quality assurance software apps primarily for 3D printing and additive manufacturing industries. The company's products are used in advanced manufacturing technologies to assure part quality in real time as the part is being made and enhance process control practices.

See Also: Leveraged Buyout (LBO)

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