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Microcap & Penny Stocks : Saratoga - TOGA - Defensive stock sector - Beverage

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To: Texas77 who wrote ()1/19/1999 1:46:00 PM
From: NewsTrader  Read Replies (2) of 25
 
Saratoga Beverage Insiders Combine To Buy 75,874 Shares

(NewsTraders.com) -- Two holders of Saratoga Beverage Group Inc. (TOGA) Class A common stock combined to purchase 75,874 shares during December, according to Form 4 filings released Jan. 15 by the SEC.

Anthony Malatino, a 10% owner of Saratoga Beverage, acquired 60,874 shares between Dec. 1 and Dec. 28 at prices ranging from $2.00 to $2.56, boosting his stake in the company to 511,869 shares.

Saratoga CEO Robin Prever bought 15,000 shares on Dec. 23 for $2.00 per share. Prever continues to hold 203,285 shares.

Based in Saratoga Springs, N.Y., Saratoga Beverage is engaged in the bottling, marketing and distribution of natural spring and mineral water products under the brand name "Saratoga."
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