Insider Buying: APEX Tech Acquisition (NYSE:TRAD) CEO Acquires 208,971 Shares of Stock

APEX Tech Acquisition Inc. (NYSE:TRAD – Get Free Report) CEO Shaoren Liu purchased 208,971 shares of the stock in a transaction on Friday, February 27th. The stock was acquired at an average cost of $10.00 per share, with a total value of $2,089,710.00. Following the completion of the purchase, the chief executive officer directly owned 3,083,971 shares of the company’s stock, valued at $30,839,710. The trade was a 7.27% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

APEX Tech Acquisition Stock Down 0.2%

NYSE TRAD traded down $0.03 during trading on Thursday, hitting $10.11. 27,157 shares of the company’s stock traded hands, compared to its average volume of 44,156. The business’s fifty day moving average price is $10.06. APEX Tech Acquisition Inc. has a 12-month low of $9.85 and a 12-month high of $10.13.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded APEX Tech Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, APEX Tech Acquisition has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on TRAD

APEX Tech Acquisition Company Profile

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APEX Tech Acquisition Inc is a blank check company.

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