Key Points
- CFO Benjamin Pham disclosed insider purchases on Feb. 17–18, buying 7,900 shares at ~$8.23 and 6,214 shares at ~$8.06 for a combined ~14,114 shares costing about $115,100, according to an SEC filing.
- Strive shares trade near $8.26 (52‑week range $7.57–$268.40) with a market cap of ~$515M, a **negative EPS** (‑$4.40 last quarter on $1.54M revenue), a very high beta (16.87), and a MarketBeat consensus rating of "Hold" with a $30 target amid mixed analyst views.
Strive, Inc. (NASDAQ:ASST - Get Free Report) CFO Benjamin Pham acquired 6,214 shares of Strive stock in a transaction on Wednesday, February 18th. The stock was acquired at an average price of $8.06 per share, with a total value of $50,084.84. Following the purchase, the chief financial officer directly owned 6,214 shares in the company, valued at approximately $50,084.84. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Benjamin Pham also recently made the following trade(s):
- On Tuesday, February 17th, Benjamin Pham bought 7,900 shares of Strive stock. The stock was purchased at an average price of $8.23 per share, for a total transaction of $65,017.00.
Strive Price Performance
NASDAQ:ASST traded up $0.14 on Friday, reaching $8.26. 1,776,086 shares of the company's stock were exchanged, compared to its average volume of 5,449,520. The stock has a fifty day simple moving average of $15.41 and a 200-day simple moving average of $42.10. Strive, Inc. has a 52 week low of $7.57 and a 52 week high of $268.40. The firm has a market cap of $515.24 million, a price-to-earnings ratio of -1.38 and a beta of 16.87.
Strive (NASDAQ:ASST - Get Free Report) last posted its earnings results on Friday, November 14th. The company reported ($4.40) earnings per share for the quarter. The company had revenue of $1.54 million for the quarter.
Hedge Funds Weigh In On Strive
Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its position in shares of Strive by 180.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company's stock valued at $41,000 after buying an additional 7,057 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Strive during the 2nd quarter worth $40,000. Two Sigma Investments LP acquired a new stake in Strive in the third quarter valued at approximately $27,000. Ground Swell Capital LLC purchased a new stake in shares of Strive during the second quarter worth about $40,000. Finally, Osaic Holdings Inc. purchased a new stake in shares of Strive during the second quarter valued at $41,000. 5.52% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on ASST. Wall Street Zen raised Strive from a "sell" rating to a "hold" rating in a research note on Saturday, December 13th. Weiss Ratings reaffirmed a "sell (e-)" rating on shares of Strive in a research note on Monday, December 29th. Finally, Maxim Group set a $30.00 price objective on shares of Strive and gave the company a "buy" rating in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Strive currently has a consensus rating of "Hold" and a consensus target price of $30.00.
Check Out Our Latest Stock Analysis on ASST
Strive Company Profile
(
Get Free Report)
Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers.
Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets.
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