AIAI (NASDAQ:AIAI) Shares Gap Up on Insider Buying Activity

AIAI Holdings Corp (NASDAQ:AIAIGet Free Report) gapped up prior to trading on Friday after an insider bought additional shares in the company. The stock had previously closed at $4.53, but opened at $4.79. AIAI shares last traded at $7.97, with a volume of 6,897,040 shares trading hands.

Specifically, Director Eric Affeldt bought 5,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were bought at an average price of $5.96 per share, with a total value of $29,800.00. Following the completion of the transaction, the director directly owned 5,000 shares of the company’s stock, valued at $29,800. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Analysts Set New Price Targets

Several equities analysts have recently commented on AIAI shares. Weiss Ratings began coverage on shares of AIAI in a report on Tuesday, August 11th. They issued a “sell (e-)” rating on the stock. Wall Street Zen upgraded AIAI to a “hold” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on AIAI

AIAI Stock Performance

The business’s fifty day moving average is $9.56.

AIAI (NASDAQ:AIAIGet Free Report) last released its quarterly earnings data on Monday, June 22nd. The company reported ($2,717.66) earnings per share (EPS) for the quarter.

AIAI Company Profile

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