Liftoff Mobile, Inc. (NASDAQ:LFTO – Get Free Report) Director Atlantic Genpar L.P. General acquired 1,304,347 shares of the stock in a transaction on Friday, June 5th. The shares were acquired at an average cost of $23.00 per share, for a total transaction of $29,999,981.00. Following the completion of the transaction, the director directly owned 25,315,646 shares in the company, valued at $582,259,858. The trade was a 5.43% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Liftoff Mobile Price Performance
LFTO traded down $1.24 during trading on Tuesday, hitting $25.77. The stock had a trading volume of 1,356,042 shares, compared to its average volume of 1,898,409. Liftoff Mobile, Inc. has a twelve month low of $24.50 and a twelve month high of $30.10.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the stock. Weiss Ratings initiated coverage on shares of Liftoff Mobile in a research note on Thursday, June 4th. They set a “sell (e)” rating for the company. Wall Street Zen raised shares of Liftoff Mobile to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Liftoff Mobile presently has a consensus rating of “Sell”.
See Also
- Five stocks we like better than Liftoff Mobile
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Liftoff Mobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liftoff Mobile and related companies with MarketBeat.com's FREE daily email newsletter.
