Insider Buying: Aspen Group Inc (NASDAQ:ASPU) CEO Buys $24,997.70 in Stock
Aspen Group Inc (NASDAQ:ASPU) CEO Michael Mathews bought 5,330 shares of the company’s stock in a transaction dated Thursday, July 11th. The stock was bought at an average cost of $4.69 per share, with a total value of $24,997.70. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
ASPU stock opened at $4.62 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.31 and a quick ratio of 3.31. Aspen Group Inc has a 12 month low of $3.58 and a 12 month high of $8.20. The business has a 50-day moving average of $4.20.
Several hedge funds have recently bought and sold shares of ASPU. William Blair Investment Management LLC grew its position in shares of Aspen Group by 8.7% during the 1st quarter. William Blair Investment Management LLC now owns 1,326,961 shares of the technology company’s stock worth $7,073,000 after buying an additional 106,463 shares during the period. Penn Capital Management Co. Inc. lifted its position in Aspen Group by 151.8% in the first quarter. Penn Capital Management Co. Inc. now owns 530,857 shares of the technology company’s stock valued at $2,829,000 after purchasing an additional 319,999 shares during the last quarter. P.A.W. Capital Corp lifted its position in Aspen Group by 8.7% in the first quarter. P.A.W. Capital Corp now owns 250,000 shares of the technology company’s stock valued at $1,333,000 after purchasing an additional 20,000 shares during the last quarter. Granite Investment Partners LLC lifted its position in Aspen Group by 113.6% in the first quarter. Granite Investment Partners LLC now owns 142,603 shares of the technology company’s stock valued at $760,000 after purchasing an additional 75,854 shares during the last quarter. Finally, O Brien Greene & Co. Inc bought a new stake in Aspen Group in the first quarter valued at approximately $586,000. 30.38% of the stock is owned by hedge funds and other institutional investors.
Aspen Group Company Profile
Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.
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