Form 4: Coffee Holding Co. CEO Andrew Gordon Increases Stake in Company
SEC Form 4
Andrew Gordon, CEO and President of Coffee Holding Co., recently increased his holdings in the company through a series of open market purchases.
Summary
- Andrew Gordon, the CEO and President of Coffee Holding Co., has increased his direct holdings of the company's common stock.
- On June 27, 2024, he purchased 10,000 shares at a weighted average price of $2.0888.
- On June 28, 2024, he acquired an additional 5,000 shares at $2.4 per share.
- On July 1, 2024, he bought 10,000 more shares at $2.15 each.
- Following these transactions, Gordon directly owns 39,000 shares.
- He also indirectly owns 273,750 shares through A. Gordon Family Ventures LLC.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as the CEO's increased stock ownership usually signals confidence in the company's future.
Positives
- The CEO's increased investment could signal confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued.
Stakeholder Impact
- Shareholders may view the CEO's increased stake as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Andrew Gordon purchased 10,000 shares at a weighted average price of $2.0888. |
| 06/28/2024 | Andrew Gordon purchased 5,000 shares at $2.4. |
| 07/01/2024 | Andrew Gordon purchased 10,000 shares at $2.15. |
| 07/01/2024 | Date of signature for the SEC Form 4 filing. |
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