Here’s Who Picked Liqtech International Inc. (NYSEMKT:LIQT) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Liqtech International Inc (NYSEMKT:LIQT) reported that Pessin Norman H has picked up 1,302,006 of common stock as of 2017-05-16.

The acquisition brings the aggregate amount owned by Pessin Norman H to a total of 1,302,006 representing less than 3.0% stake in the company.

For those not familiar with the company, LiqTech International, Inc. is a clean technology company that provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The Company develops and manufactures products of re-crystallized silicon carbide. It specializes in two business areas, which include ceramic membranes for liquid filtration, and diesel particulate filters (DPFs) for the control of soot exhaust particles from diesel engines. Under the LiqTech, Cometas and Provital brand names, it manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration using silicon carbide technology that focus on hydrocarbon production-derived contaminated water and pre-filtration for reverse osmosis. It offers DPFs for exhaust emission control solutions to the retrofit and the original equipment manufacturer markets. It also offers Kiln furniture, which refers to various items used in a kiln to support ceramics that maximizes the number of items for each firing.

A glance at Liqtech International Inc (NYSEMKT:LIQT)’s key stats reveals a current market capitalization of 13.85 Million based on 36.84 Million shares outstanding and a price at last close of $0.380 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-08-17, Debelak picked up 10,000 at a purchase price of $0.74. This brings their total holding to 214,745 as of the date of the filing.

On the sell side, the most recent transaction saw Degn unload 49,200 shares at a sale price of $2.12. This brings their total holding to 406,732.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Liqtech International Inc (NYSEMKT:LIQT) as things move forward to see if its progress aligns with these transactions.

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