Key Points
- Major shareholder Charles Craig Carlton purchased 14,250 AIAI shares at an average price of $6.98, investing $99,465 and increasing his stake by 0.15% to 9.21 million shares.
- AIAI shares were trading down 19.8% at $5.31, compared with a 52-week range of $3.82 to $19.57. The company also reported quarterly earnings of -$2,717.66 per share.
- Analyst sentiment remains negative: Weiss Ratings initiated coverage with a “sell” rating, while Wall Street Zen rated the stock “hold”; MarketBeat lists a consensus rating of “Sell.”
AIAI Holdings Corp (NASDAQ:AIAI - Get Free Report) major shareholder Charles Craig Carlton purchased 14,250 shares of the company's stock in a transaction dated Friday, August 21st. The shares were acquired at an average cost of $6.98 per share, with a total value of $99,465.00. Following the purchase, the insider directly owned 9,213,250 shares of the company's stock, valued at approximately $64,308,485. The trade was a 0.15% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
AIAI Trading Down 19.8%
Shares of NASDAQ:AIAI opened at $5.31 on Tuesday. AIAI Holdings Corp has a 52 week low of $3.82 and a 52 week high of $19.57. The business's fifty day simple moving average is $9.21.
AIAI (NASDAQ:AIAI - Get Free Report) last posted its quarterly earnings data on Monday, June 22nd. The company reported ($2,717.66) earnings per share for the quarter.
Analyst Ratings Changes
AIAI has been the topic of a number of recent analyst reports. Weiss Ratings began coverage on AIAI in a research note on Tuesday, August 11th. They issued a "sell (e-)" rating on the stock. Wall Street Zen upgraded shares of AIAI to a "hold" rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of "Sell".
Read Our Latest Analysis on AIAI
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