Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH – Get Free Report) CEO Arik Kaufman bought 36,826 shares of the business’s stock in a transaction on Thursday, October 29th. The stock was purchased at an average price of $0.38 per share, for a total transaction of $13,993.88. Following the completion of the acquisition, the chief executive officer owned 52,623 shares of the company’s stock, valued at approximately $19,996.74. This trade represents a 233.12% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Arik Kaufman also recently made the following trade(s):
- On Friday, October 30th, Arik Kaufman purchased 60,000 shares of Steakholder Foods stock. The shares were purchased at an average cost of $0.40 per share, for a total transaction of $24,000.00.
Steakholder Foods Price Performance
Shares of STKH stock opened at $0.42 on Tuesday. Steakholder Foods Ltd. Sponsored ADR has a 12-month low of $0.30 and a 12-month high of $12.27. The firm has a fifty day moving average of $1.49 and a 200-day moving average of $3.43.
Steakholder Foods’s stock is scheduled to reverse split on Monday, November 9th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 8th.
Steakholder Foods (NASDAQ:STKH – Get Free Report) last issued its quarterly earnings data on Tuesday, August 25th. The company reported ($1.00) EPS for the quarter.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on STKH shares. Weiss Ratings cut Steakholder Foods from a “sell (e+)” rating to a “sell (e)” rating in a report on Thursday, October 8th. Wall Street Zen raised Steakholder Foods to a “sell” rating in a research note on Saturday, October 3rd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Steakholder Foods has a consensus rating of “Sell”.
Read Our Latest Research Report on STKH
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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