Oaxaca Group L.l.c. is Buying Janel Corp (OTCMKTS:JANL) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

Rockwell Medical RMTI Breakout Alert
Here's Who Just Picked Up Alliance Healthcare Servic...
Oncomed Pharmaceuticals Inc. (NASDAQ:OMED) is Attrac...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Janel Corp (OTCMKTS:JANL) reported that Oaxaca Group L.l.c. has picked up 447,646 of common stock as of 2017-04-05.

The acquisition brings the aggregate amount owned by Oaxaca Group L.l.c. to a total of 447,646 representing a 54.33% stake in the company.

For those not familiar with the company, Janel Corporation is a holding company. The Company operates in two segments: Global Logistics Services and Manufacturing. The Company’s Global Logistics Services segment comprises various subsidiaries, collectively known as Janel Group. The Company’s manufacturing segment comprises INDCO, Inc. (INDCO) subsidiary, which manufactures and distributes industrial mixing equipment, and apparatus for specific applications within various industries. The Janel Group provides full-service cargo transportation logistics management services, including freight forwarding via air, ocean and land-based carriers, customs brokerage services, warehousing and distribution services and other value-added logistics services. The Janel Group offers services, including customs entry filing, arrangement of freight forwarding by air, ocean and ground, warehousing, cargo insurance procurement, logistics planning, product repackaging and online shipment tracking.

A glance at Janel Corp (OTCMKTS:JANL)’s key stats reveals a current market capitalization of 4.32 Million based on 573,951.00 shares outstanding and a price at last close of $7.00 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-31, Killackey picked up 15,000 at a purchase price of $12.00. This brings their total holding to 34,462 as of the date of the filing.

On the sell side, the most recent transaction saw Cesarski unload 3,000,000 shares at a sale price of $0.13. This brings their total holding to 2,205,600.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Janel Corp (OTCMKTS:JANL) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

BLKCF Disclaimer
Disclaimer :
This is a paid advertisement and all individuals should verify all claims and perform their own due diligence on BLKCF (and /
88 Energy Ltd (EEENF) Stock Attempts To Recov...

The 88 Energy Ltd (OTCMKTS:EEENF) stock was in considerable focus among investors on Monday and it is easy to see why. Yesterday, the

Agios Pharmaceuticals Inc. (NASDAQ:AGIO) is A...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Agios Pharmaceuticals Inc. (NASDAQ:AGIO) reported that Celgene European Investment Co

related post

Skip to content