Charles & Colvard, Ltd. (CTHR) Director Jaqui Lividini Acquires 15,100 Shares

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Charles & Colvard, Ltd. (NASDAQ:CTHR) Director Jaqui Lividini purchased 15,100 shares of the business’s stock in a transaction dated Tuesday, December 11th. The shares were purchased at an average price of $1.51 per share, for a total transaction of $22,801.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Charles & Colvard, Ltd. stock opened at $1.03 on Wednesday. Charles & Colvard, Ltd. has a 12 month low of $0.83 and a 12 month high of $1.60.

Charles & Colvard, Ltd. (NASDAQ:CTHR) last announced its quarterly earnings results on Thursday, September 6th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $6.40 million for the quarter. Charles & Colvard, Ltd. had a negative net margin of 1.70% and a negative return on equity of 1.39%.

A hedge fund recently raised its stake in Charles & Colvard, Ltd. stock. Wells Fargo & Company MN increased its position in shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) by 1,743.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,413 shares of the company’s stock after buying an additional 174,412 shares during the period. Wells Fargo & Company MN owned about 0.85% of Charles & Colvard, Ltd. worth $251,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 10.88% of the company’s stock.

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About Charles & Colvard, Ltd.

Charles & Colvard, Ltd. manufactures, markets, and distributes moissanite jewels and finished jewelry featuring moissanite worldwide. The company offers near-colorless moissanite jewels cut in various shapes, including round, square brilliant, princess, cushion, radiant, pear, marquise, heart, and oval in sizes ranging from approximately 1.3 to 12 millimeters.

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