APEX Tech Acquisition (NYSE:TRAD) Stock: Insider Shaoren Liu Buys 3,029 Shares

Key Points

  • CEO Shaoren Liu bought 208,971 shares at $10 each, investing about $2.09 million. The purchase increased his stake by 7.27% to 3,083,971 shares.
  • TRAD opened at $10.11; its 12-month trading range is $9.85–$10.13, and its 50-day moving average is $10.06.
  • Analyst sentiment remains negative: one analyst rates the stock Sell, and its average rating is also Sell.

APEX Tech Acquisition Inc. (NYSE:TRAD - Get Free Report) CEO Shaoren Liu acquired 3,029 shares of the company's stock in a transaction on Wednesday, April 15th. The shares were purchased at an average cost of $10.00 per share, with a total value of $30,290.00. Following the completion of the purchase, the chief executive officer directly owned 3,087,000 shares of the company's stock, valued at $30,870,000. This trade represents a 0.10% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

APEX Tech Acquisition Trading Down 0.2%

TRAD stock opened at $10.11 on Friday. APEX Tech Acquisition Inc. has a twelve month low of $9.85 and a twelve month high of $10.13. The company's fifty day moving average price is $10.06.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of APEX Tech Acquisition from a "sell (e)" rating to a "sell (e+)" rating in a research note on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, APEX Tech Acquisition presently has an average rating of "Sell".

View Our Latest Research Report on TRAD

About APEX Tech Acquisition

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APEX Tech Acquisition Inc is a blank check company.

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