Beneficient (NASDAQ:BENF – Get Free Report) CEO James Silk bought 9,434 shares of Beneficient stock in a transaction dated Tuesday, September 15th. The shares were bought at an average cost of $1.06 per share, for a total transaction of $10,000.04. Following the completion of the acquisition, the chief executive officer owned 1,110,930 shares in the company, valued at $1,177,585.80. This represents a 0.86% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Beneficient Stock Performance
Shares of NASDAQ BENF traded down $0.19 during mid-day trading on Thursday, reaching $0.63. The company had a trading volume of 3,967,544 shares, compared to its average volume of 1,285,400. The firm has a market cap of $9.13 million, a price-to-earnings ratio of -0.09 and a beta of -0.04. The business’s 50-day simple moving average is $2.54 and its 200 day simple moving average is $3.20. Beneficient has a one year low of $0.57 and a one year high of $12.48.
Beneficient (NASDAQ:BENF – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.47) earnings per share for the quarter, topping the consensus estimate of ($2.06) by $1.59. The firm had revenue of $15.93 million for the quarter, compared to the consensus estimate of $10.16 million. On average, sell-side analysts anticipate that Beneficient will post -9.5 EPS for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on Beneficient
Beneficient Company Profile
Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. The company offers Ben AltAccess platform for secure, online, and end-to-end delivery of each of the Ben business unit products and services, including upload documents, and work through tasks, and complete their transactions with standardized transaction agreements.
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