Ryvyl Inc. (NASDAQ:RVYL) Major Shareholder Purchases $11,592.80 in Stock

Ryvyl Inc. (NASDAQ:RVYL) major shareholder Global Fintech & Regtech Fu S8 purchased 14,491 shares of the business’s stock in a transaction on Monday, June 30th. The shares were acquired at an average price of $0.80 per share, with a total value of $11,592.80. Following the completion of the transaction, the insider owned 3,504,845 shares of the company’s stock, valued at approximately $2,803,876. This trade represents a 0.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Global Fintech & Regtech Fu S8 also recently made the following trade(s):

• On Tuesday, July 1st, Global Fintech & Regtech Fu S8 sold 100,000 shares of Ryvyl stock. The stock was sold at an average price of $0.83, for a total value of $83,000.00.
• On Thursday, June 26th, Global Fintech & Regtech Fu S8 acquired 100,000 shares of Ryvyl stock. The stock was bought at an average price of $0.88 per share, with a total value of $88,000.00.
• On Wednesday, June 25th, Global Fintech & Regtech Fu S8 bought 3,354 shares of Ryvyl stock. The stock was purchased at an average price of $0.77 per share, for a total transaction of $2,582.58.
• On Monday, June 23rd, Global Fintech & Regtech Fu S8 purchased 100,000 shares of Ryvyl stock. The shares were purchased at an average price of $0.75 per share, with a total value of $75,000.00.

Ryvyl Price Performance

NASDAQ RVYL opened at $0.66 on Friday. Ryvyl Inc. has a 1 year low of $0.36 and a 1 year high of $2.40. The stock has a market capitalization of $5.49 million, a PE ratio of -0.08 and a beta of 4.10. The business’s 50-day moving average is $0.76 and its 200 day moving average is $1.00.

Ryvyl (NASDAQ:RVYL) last issued its quarterly earnings data on Tuesday, May 20th. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.02). The business had revenue of $14.13 million during the quarter, compared to the consensus estimate of $15.54 million. Ryvyl had a negative return on equity of 655.77% and a negative net margin of 49.47%. As a group, equities research analysts anticipate that Ryvyl Inc. will post -2.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “neutral” rating on shares of Ryvyl in a report on Thursday, April 3rd.

Institutional Trading of Ryvyl

A hedge fund recently bought a new stake in Ryvyl stock. Mariner LLC bought a new position in Ryvyl Inc. (NASDAQ:RVYL) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 77,782 shares of the company’s stock, valued at approximately $101,000. Mariner LLC owned 1.05% of Ryvyl at the end of the most recent quarter. Institutional investors and hedge funds own 17.37% of the company’s stock.

Ryvyl Company Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.