Key Points
- Brera Director Keren Kalima Maimon bought 1,149,000 shares of SLMT for about $5.71 million at an average price of $4.97 per share, boosting her direct ownership by 611.6%.
- The stock was down 6.0% and opened at $5.77, while Brera reported a large quarterly loss of ($915.90) EPS in its latest earnings release.
- Analyst sentiment remains weak, with Weiss Ratings reaffirming a sell rating and MarketBeat showing a consensus "Sell" rating for the company.
Brera Holdings PLC (NASDAQ:SLMT - Get Free Report) Director Keren Kalima Maimon bought 1,149,000 shares of Brera stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $4.97 per share, for a total transaction of $5,710,530.00. Following the completion of the purchase, the director directly owned 1,336,868 shares of the company's stock, valued at $6,644,233.96. This trade represents a 611.60% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Brera Stock Down 6.0%
Shares of SLMT stock opened at $5.77 on Friday. The company has a quick ratio of 3.50, a current ratio of 3.50 and a debt-to-equity ratio of 0.02. The firm's 50-day moving average is $71.58 and its two-hundred day moving average is $165.20. Brera Holdings PLC has a 12 month low of $4.28 and a 12 month high of $529.50.
Brera (NASDAQ:SLMT - Get Free Report) last issued its earnings results on Saturday, May 16th. The company reported ($915.90) EPS for the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Brera in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Sell".
View Our Latest Report on SLMT
Institutional Investors Weigh In On Brera
A number of institutional investors and hedge funds have recently made changes to their positions in SLMT. ARK Investment Management LLC purchased a new stake in shares of Brera in the 4th quarter valued at approximately $16,998,000. Electric Capital Partners LLC purchased a new stake in shares of Brera in the 4th quarter valued at approximately $12,155,000. Anatole Investment Management Ltd purchased a new stake in shares of Brera in the 4th quarter valued at approximately $10,389,000. Alyeska Investment Group L.P. purchased a new stake in shares of Brera in the 4th quarter valued at approximately $5,293,000. Finally, Arrington Capital Management LLC acquired a new position in shares of Brera in the fourth quarter valued at approximately $2,055,000. 68.26% of the stock is owned by hedge funds and other institutional investors.
Brera Company Profile
(
Get Free Report)
Brera Holdings PLC is an Irish holding company focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services. We seek to build on the legacy and brand of Brera FC, the first football club that we acquired in July 2022. Brera FC is an amateur football association which has been building an alternative football legacy since its founding in 2000.
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