Public market insider selling at Evertz Technologies (ET)

Public market insider selling at Evertz Technologies (T:ET)

Rakesh Thakor Patel, a Subsidiary Executive, disposed of 49,200 Common Shares on a direct ownership basis at prices ranging from $14.100 to $14.270 on October 25th, 2021. The insider also disposed of 60,000 Common Shares on an indirect ownership basis for registered holder 2240144 Ontario Inc. at prices ranging from $14.300 to $14.390 on October 25th, 2021. This represents a $1,556,852 divestment of the company's shares and an account share holdings change of -45.3%.

Evertz Technologies is in the Communications & Networking Sub Industry Group under the Technology Sector.

Evertz Technologies Limited is an equipment provider to the television broadcast telecommunications and media industries. The Company designs, manufactures and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. The Company's solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their multi-channel digital and high definition television (HDTV) and high bandwidth low latency Internet Protocol (IP) network environments, and by telecommunications and new-media companies. The Company's products offer signal routing, distribution, monitoring and management of content, as well as the automation of previously manual processes for its customers. The Company is engaged in the sale of hardware and software solutions, including related services, training and commissioning.