Bonk (NASDAQ:BNKK) Director Mitchell Austin Rudy Buys 7,500 Shares of Stock

Bonk, Inc. (NASDAQ:BNKKGet Free Report) Director Mitchell Austin Rudy purchased 7,500 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was purchased at an average price of $1.56 per share, with a total value of $11,700.00. Following the completion of the purchase, the director directly owned 73,341 shares in the company, valued at $114,411.96. The trade was a 11.39% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Mitchell Austin Rudy also recently made the following trade(s):

  • On Tuesday, June 16th, Mitchell Austin Rudy acquired 2,500 shares of Bonk stock. The shares were purchased at an average price of $1.32 per share, for a total transaction of $3,300.00.
  • On Wednesday, June 10th, Mitchell Austin Rudy purchased 12,000 shares of Bonk stock. The shares were purchased at an average cost of $1.37 per share, for a total transaction of $16,440.00.
  • On Thursday, April 9th, Mitchell Austin Rudy acquired 31,055 shares of Bonk stock. The stock was purchased at an average cost of $2.82 per share, with a total value of $87,575.10.

Bonk Stock Performance

NASDAQ BNKK remained flat at $1.54 during trading hours on Tuesday. 156,650 shares of the company were exchanged, compared to its average volume of 898,779. The firm has a market capitalization of $12.32 million, a PE ratio of -0.33 and a beta of 1.86. The company’s 50 day simple moving average is $2.13 and its two-hundred day simple moving average is $3.06. Bonk, Inc. has a 1-year low of $1.25 and a 1-year high of $46.90.

Bonk (NASDAQ:BNKKGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.23) earnings per share for the quarter. Bonk had a negative net margin of 838.37% and a negative return on equity of 148.62%. The company had revenue of $0.79 million during the quarter.

Hedge Funds Weigh In On Bonk

Several institutional investors have recently added to or reduced their stakes in BNKK. Geode Capital Management LLC bought a new stake in shares of Bonk in the 4th quarter valued at $128,000. Jane Street Group LLC acquired a new stake in Bonk in the fourth quarter worth $96,000. Steward Partners Investment Advisory LLC acquired a new stake in Bonk in the fourth quarter worth $37,000. Finally, State Street Corp bought a new stake in Bonk in the fourth quarter valued at $33,000. 12.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Bonk from a “hold” rating to a “sell” rating in a research report on Sunday. Weiss Ratings cut shares of Bonk from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Bonk

Bonk Company Profile

(Get Free Report)

Safety Shot, Inc, a wellness and functional beverage company, engages in the research and development of over-the-counter products and intellectual property. Its products pipeline includes Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; NoStingz, a jellyfish sting prevention sunscreen; and JW-110 for the treatment of atopic dermatitis/eczema. The company primarily sell its products through third-party physical retail stores and partners. The company was formerly known as Jupiter Wellness, Inc and changed its name to Safety Shot, Inc in September 2023.

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