Professional Diversity Network, Inc. (NASDAQ:IPDN) CEO Maoji Wang bought 13,330 shares of the firm’s stock in a transaction this week.

The stock was acquired at an average cost of $4.76 per share, with a total value of $63,450.80.

Following the completion of the transaction, the chief executive officer now directly owns 25,100 shares of the company’s stock, valued at $119,476.

The purchase was disclosed in a legal filing with the SEC, 

Maoji Wang also recently made the following trade(s):

  • On Friday, June 9th, Maoji Wang acquired 18,000 shares of Professional Diversity Network stock. The stock was acquired at an average price of $8.16 per share, with a total value of $146,880.00.

Professional Diversity Network, Inc. (IPDN) traded up 2.86% during midday trading on Friday, hitting $4.65. 4,655 shares of the stock traded hands. The firm’s 50 day moving average is $4.93 and its 200-day moving average is $7.41. Professional Diversity Network, Inc. has a 12-month low of $3.74 and a 12-month high of $13.90. The stock’s market capitalization is $18.21 million.

Separately, ValuEngine cut shares of Professional Diversity Network from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.

A hedge fund recently raised its stake in Professional Diversity Network stock.

North Star Investment Management Corp. raised its holdings in Professional Diversity Network, Inc.

(NASDAQ:IPDN) by 3.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,054 shares of the information services provider’s stock after buying an additional 2,745 shares during the quarter.

North Star Investment Management Corp. owned about 2.04% of Professional Diversity Network worth $551,000 at the end of the most recent quarter. Institutional investors and hedge funds own 4.85% of the company’s stock.

About Professional Diversity Network

Professional Diversity Network, Inc is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT).

The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service.


Insider Buying and Selling by Quarter for Professional Diversity Network (NASDAQ:IPDN)