AIAI (NASDAQ:AIAI) Hits New 12-Month Low After Insider Selling

AIAI Holdings Corp (NASDAQ:AIAI) shares reached a new 52-week low during trading on Friday after an insider sold shares in the company. The stock traded as low as $11.12 and last traded at $11.2050, with a volume of 24616 shares traded. The stock had previously closed at $11.28.

Specifically, Director Jeffrey Glajch sold 14,295 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $13.60, for a total transaction of $194,412.00. Following the completion of the sale, the director directly owned 347,806 shares of the company’s stock, valued at approximately $4,730,161.60. This trade represents a 3.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jeffrey Glajch sold 7,485 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $12.97, for a total value of $97,080.45. Following the sale, the director owned 340,321 shares of the company’s stock, valued at $4,413,963.37. This trade represents a 2.15% decrease in their position. The SEC filing for this sale provides additional information.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised AIAI to a “hold” rating in a research note on Saturday, May 23rd.

AIAI Trading Down 0.7%

The firm’s 50-day moving average is $14.35.

AIAI (NASDAQ:AIAI) last issued its quarterly earnings results on Monday, June 22nd. The company reported ($2,717.66) EPS for the quarter.

About AIAI

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