Strive (NASDAQ:ASST) CFO Benjamin Pham Acquires 6,214 Shares

Strive, Inc. (NASDAQ:ASST) CFO Benjamin Pham purchased 6,214 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was acquired at an average price of $8.06 per share, for a total transaction of $50,084.84. Following the completion of the transaction, the chief financial officer owned 6,214 shares of the company’s stock, valued at $50,084.84. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Benjamin Pham also recently made the following trade(s):

• On Tuesday, February 17th, Benjamin Pham bought 7,900 shares of Strive stock. The stock was acquired at an average price of $8.23 per share, with a total value of $65,017.00.

Strive Stock Performance

Shares of NASDAQ:ASST traded up $0.14 during midday trading on Friday, hitting $8.26. 1,776,086 shares of the stock were exchanged, compared to its average volume of 5,449,520. Strive, Inc. has a 52-week low of $7.57 and a 52-week high of $268.40. The business’s fifty day simple moving average is $15.41 and its two-hundred day simple moving average is $42.10. The company has a market capitalization of $515.24 million, a PE ratio of -1.38 and a beta of 16.87.

Strive (NASDAQ:ASST) last released its quarterly earnings results on Friday, November 14th. The company reported ($4.40) EPS for the quarter. The firm had revenue of $1.54 million for the quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ASST shares. Wall Street Zen raised shares of Strive from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Maxim Group set a $30.00 target price on Strive and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Strive in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $30.00.

Institutional Investors Weigh In On Strive

Hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new position in Strive in the 4th quarter worth about $25,000. Valtinson Bruner Financial Planning LLC acquired a new stake in shares of Strive during the 4th quarter worth approximately $25,000. Institute for Wealth Management LLC. bought a new stake in Strive in the fourth quarter valued at $26,000. Verdence Capital Advisors LLC bought a new position in Strive in the fourth quarter worth approximately $26,000. Finally, Pinnacle Associates Ltd. bought a new position in shares of Strive in the 4th quarter worth $26,000. 5.52% of the stock is currently owned by institutional investors and hedge funds.

About Strive

Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers.

Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets.