Beneficient (NASDAQ:BENF – Get Free Report) Director Peter Cangany, Jr. bought 18,868 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was acquired at an average cost of $1.06 per share, for a total transaction of $20,000.08. Following the completion of the transaction, the director owned 98,529 shares in the company, valued at $104,440.74. This represents a 23.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Beneficient Trading Down 23.2%
BENF stock opened at $0.63 on Friday. Beneficient has a twelve month low of $0.57 and a twelve month high of $12.48. The company has a market capitalization of $9.13 million, a P/E ratio of -0.09 and a beta of -0.04. The firm has a 50 day simple moving average of $2.49 and a 200-day simple moving average of $3.17.
Beneficient (NASDAQ:BENF – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.47) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.06) by $1.59. The company had revenue of $15.93 million during the quarter, compared to analyst estimates of $10.16 million. On average, research analysts predict that Beneficient will post -9.5 EPS for the current year.
Analyst Ratings Changes
Read Our Latest Report on BENF
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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