Social Reality Inc (SRAX) CFO Joseph Patrick Hannan Buys 3,750 Shares
Social Reality Inc (NASDAQ:SRAX) CFO Joseph Patrick Hannan acquired 3,750 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were acquired at an average cost of $6.24 per share, with a total value of $23,400.00. Following the purchase, the chief financial officer now directly owns 2,500 shares of the company’s stock, valued at approximately $15,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Social Reality Inc (NASDAQ:SRAX) traded down 1.64% during midday trading on Wednesday, reaching $6.00. The company had a trading volume of 300 shares. The firm has a 50-day moving average price of $6.42 and a 200-day moving average price of $6.85. The company’s market capitalization is $41.65 million. Social Reality Inc has a 52 week low of $5.05 and a 52 week high of $9.40.
Social Reality (NASDAQ:SRAX) last released its quarterly earnings results on Monday, November 14th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.16. Analysts expect that Social Reality Inc will post ($1.12) EPS for the current fiscal year.
Separately, Zacks Investment Research raised Social Reality from a “sell” rating to a “buy” rating and set a $6.75 price objective for the company in a research note on Wednesday, October 19th.
Social Reality Company Profile
Social Reality, Inc is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands.
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