Key Points
- Director Eric Affeldt purchased 5,000 AIAI shares at an average price of $5.96, investing $29,800 and becoming the direct owner of 5,000 shares.
- AIAI shares opened at $4.53 after falling 13.2%; the stock has traded between $3.82 and $19.57 over the past year and has a 50-day moving average of $9.56.
- Analyst sentiment remains negative: Weiss Ratings initiated coverage with a “sell” rating, while MarketBeat reports a consensus “sell” rating from the one analyst covering the stock.
AIAI Holdings Corp (NASDAQ:AIAI - Get Free Report) Director Eric Affeldt purchased 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average price of $5.96 per share, with a total value of $29,800.00. Following the completion of the purchase, the director directly owned 5,000 shares of the company's stock, valued at approximately $29,800. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
AIAI Stock Down 13.2%
NASDAQ AIAI opened at $4.53 on Friday. The firm has a 50-day simple moving average of $9.56. AIAI Holdings Corp has a one year low of $3.82 and a one year high of $19.57.
AIAI (NASDAQ:AIAI - Get Free Report) last announced its quarterly earnings results on Monday, June 22nd. The company reported ($2,717.66) earnings per share (EPS) for the quarter.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Weiss Ratings began coverage on shares of AIAI in a research note on Tuesday, August 11th. They set a "sell (e-)" rating on the stock. Wall Street Zen upgraded shares of AIAI to a "hold" rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of "Sell".
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About AIAI
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