IperionX Limited Sponsored ADR (NASDAQ:IPX – Get Free Report) Chairman Todd Hannigan acquired 225,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average price of $3.58 per share, for a total transaction of $805,500.00. Following the completion of the transaction, the chairman owned 26,333,334 shares of the company’s stock, valued at $94,273,335.72. The trade was a 0.86% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Todd Hannigan also recently made the following trade(s):
- On Monday, July 13th, Todd Hannigan bought 300,000 shares of IperionX stock. The shares were bought at an average price of $3.59 per share, with a total value of $1,077,000.00.
- On Tuesday, April 28th, Todd Hannigan purchased 220,000 shares of IperionX stock. The stock was bought at an average cost of $4.48 per share, for a total transaction of $985,600.00.
- On Wednesday, April 29th, Todd Hannigan acquired 260,000 shares of IperionX stock. The shares were bought at an average price of $4.20 per share, for a total transaction of $1,092,000.00.
IperionX Price Performance
NASDAQ IPX opened at $25.03 on Monday. IperionX Limited Sponsored ADR has a 52-week low of $21.66 and a 52-week high of $61.45. The company has a fifty day moving average of $34.28 and a 200-day moving average of $37.50. The company has a quick ratio of 4.00, a current ratio of 4.03 and a debt-to-equity ratio of 0.03.
Wall Street Analyst Weigh In
Check Out Our Latest Report on IPX
Hedge Funds Weigh In On IperionX
A number of large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its stake in IperionX by 40.3% in the second quarter. GAMMA Investing LLC now owns 1,681 shares of the company’s stock worth $50,000 after purchasing an additional 483 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of IperionX during the second quarter valued at about $66,000. State of Tennessee Department of Treasury bought a new position in shares of IperionX during the fourth quarter valued at about $119,000. DV Equities LLC bought a new position in shares of IperionX during the fourth quarter valued at about $178,000. Finally, Man Group plc purchased a new position in shares of IperionX in the fourth quarter worth about $257,000. Hedge funds and other institutional investors own 2.76% of the company’s stock.
About IperionX
IperionX (NASDAQ: IPX) is a mineral technology company focused on the production and commercialization of highâpurity titanium and zirconium products. The company’s core activities include the development of advanced mineral sands projects and the deployment of proprietary processing technologies aimed at supplying feedstocks to aerospace, defense, additive manufacturing and battery markets.
At the heart of IperionX’s operations is the Stony Creek Project in Virginia, where the company holds significant mineral sands rights.
Recommended Stories
- Five stocks we like better than IperionX
- 3 Overlooked Stocks Positioned for the Next Market Rotation
- 3 Non-Tech Stocks Still Winning Big on AI
- Achieve Robust Diversification With These 3 Equal-Weight ETFs
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
Receive News & Ratings for IperionX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IperionX and related companies with MarketBeat.com's FREE daily email newsletter.
