Appliance Recycling Centers Of America Inc /mn (ARCI): Bradley Bremer , President of ApplianceSmart of Appliance Recycling Centers Of America Inc /mn sold 4,900 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $1.25 per share for a total value of $6,125.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 5, 2015, Capital Group, Llc Isaac (10% owner) sold 40,311 shares at $1.03 per share price.
Appliance Recycling Centers of America: On Wednesday, May 25, 2016 heightened volatility was witnessed in Appliance Recycling Centers of America which led to swings in the share price. The shares opened for trading at $1.24 and hit $1.2699 on the upside , eventually ending the session at $1.2501, with a gain of 0.01% or 0.0001 points. The heightened volatility saw the trading volume jump to 26,340 shares. The 52-week high of the share price is $2.209 and the company has a market cap of $7.4 M . The 52-week low of the share price is at $0.54.
Appliance Recycling Centers of America Inc. is engaged in the business of selling and recycling household appliances in North America. The Company sells household appliances in the United States though its chain of 18 Company-owned retail stores operating under the name ApplianceSmart. It offers extended warranties appliance delivery factory-trained technician service and free recycling of customers’ replaced appliances. It also provides turnkey appliance recycling and replacement services for utilities and other sponsors of energy efficiency programs through its subsidiaries ARCA Recycling Inc. and ARCA Canada Inc. Its segments include retail and recycling. It has contracts to recycle or to replace and recycle appliances for approximately 155 utilities across North America. The Company offers reverse logistics services to manufacturers and retailers. It also provides services for electric utility companies and other sponsors of energy efficiency initiatives.