Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH – Get Free Report) Director Yaron Kaiser purchased 30,291 shares of Steakholder Foods stock in a transaction on Thursday, October 29th. The stock was bought at an average price of $0.41 per share, for a total transaction of $12,419.31. Following the transaction, the director directly owned 41,463 shares in the company, valued at approximately $16,999.83. The trade was a 271.13% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Yaron Kaiser also recently made the following trade(s):
- On Friday, October 30th, Yaron Kaiser purchased 26,141 shares of Steakholder Foods stock. The stock was bought at an average cost of $0.42 per share, with a total value of $10,979.22.
Steakholder Foods Stock Down 0.5%
Steakholder Foods stock opened at $0.41 on Monday. The firm’s fifty day moving average price is $1.55 and its 200-day moving average price is $3.47. Steakholder Foods Ltd. Sponsored ADR has a fifty-two week low of $0.30 and a fifty-two week high of $12.27.
Steakholder Foods’s stock is set to reverse split before the market opens on Monday, November 9th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 8th.
Steakholder Foods (NASDAQ:STKH – Get Free Report) last announced its earnings results on Tuesday, August 25th. The company reported ($1.00) earnings per share for the quarter.
Analysts Set New Price Targets
A number of equities analysts have weighed in on STKH shares. Wall Street Zen upgraded Steakholder Foods to a “sell” rating in a report on Saturday, October 3rd. Weiss Ratings cut Steakholder Foods from a “sell (e+)” rating to a “sell (e)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Steakholder Foods presently has an average rating of “Sell”.
Get Our Latest Research Report on Steakholder Foods
About Steakholder Foods
Steakholder Foods Ltd. is an Israel-based food-technology company developing technologies for the cultivated meat and seafood industry. The company focuses on producing structured, cell-based foods by combining cell cultivation, bio-ink formulation and three-dimensional bioprinting.
Its technology is designed to replicate the texture and appearance of conventional meat and seafood, with research and development efforts spanning cultivated beef, chicken, pork and fish products. Steakholder Foods also develops specialized 3D printers and related production systems intended to deposit different cell-based and plant-based ingredients in precise structures.
The company was formerly known as MeaTech 3D Ltd.
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