Here’s Who Just Picked Up Musclepharm Corp (OTCMKTS:MSLP) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Musclepharm Corp (OTCMKTS:MSLP) reported that Amerop Holdings, Inc. has picked up 2,136,781 of common stock as of 2017-04-19.

The acquisition brings the aggregate amount owned by Amerop Holdings, Inc. to a total of 2,136,781 representing a 15.15% stake in the company.

For those not familiar with the company, MusclePharm Corporation is a performance lifestyle company. The Company develops, manufactures, markets and distributes branded nutritional supplements. The Company offers a range of powders, capsules, tablets and gels. The Company’s portfolio of brands targets various types of fitness enthusiasts, including professional, combat sport, weight training, bodybuilding, running, basketball, soccer, cross fit, golf, tennis, volleyball and other active lifestyle activities. The MusclePharm Sport Series includes supplements that cover the needs of athletes, including their workout needs. MusclePharm Hybrid Series products include Assault, Amino1 and Combat Protein Powder. FitMiss products are designed and formulated for the active woman’s lifestyle utilizing ingredients that cover the range of busy women’s needs, including weight loss, multi-vitamins, protein shakes, detox, skin care and pre-workout energy mixes. MusclePharm Core products include BCAA 3:1:2, CLA Core and Fish Oil.

A glance at Musclepharm Corp (OTCMKTS:MSLP)’s key stats reveals a current market capitalization of 30.34 Million based on 14.11 Million shares outstanding and a price at last close of $2.15 per share.

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

Specifically, on 2017-04-10, Amerop picked up 14,000 at a purchase price of $2.15. This brings their total holding to 2,136,781 as of the date of the filing.

On the sell side, the most recent transaction saw Bluher unload 3,000 shares at a sale price of $9.10. This brings their total holding to 190,118.

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 Musclepharm Corp (OTCMKTS:MSLP) as things move forward to see if its progress aligns with these transactions.

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