Strive (NASDAQ:ASST) CEO Purchases $199,199.20 in Stock

by · The Cerbat Gem

Strive, Inc. (NASDAQ:ASST – Get Free Report) CEO Matthew Ryan Cole acquired 248,999 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was acquired at an average cost of $0.80 per share, with a total value of $199,199.20. Following the acquisition, the chief executive officer owned 366,709 shares of the company’s stock, valued at $293,367.20. This trade represents a 211.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Matthew Ryan Cole also recently made the following trade(s):

  • On Monday, December 15th, Matthew Ryan Cole acquired 207,457 shares of Strive stock. The shares were acquired at an average price of $0.82 per share, for a total transaction of $170,114.74.

Strive Stock Up 6.3%

Shares of ASST stock opened at $0.84 on Tuesday. The company has a market cap of $684.19 million, a P/E ratio of -2.82 and a beta of 16.71. Strive, Inc. has a 52 week low of $0.34 and a 52 week high of $13.42. The business has a 50 day moving average of $1.17 and a two-hundred day moving average of $3.57.

Strive (NASDAQ:ASST – Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.22) EPS for the quarter. The business had revenue of $1.54 million for the quarter.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ASST shares. Weiss Ratings initiated coverage on shares of Strive in a report on Monday, December 8th. They issued a “sell (e-)” rating for the company. Maxim Group set a $1.50 price objective on Strive and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Finally, Wall Street Zen raised Strive from a “sell” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Strive presently has an average rating of “Hold” and a consensus target price of $1.50.

Check Out Our Latest Research Report on Strive

Hedge Funds Weigh In On Strive

Several institutional investors and hedge funds have recently added to or reduced their stakes in ASST. Tower Research Capital LLC TRC lifted its holdings in shares of Strive by 180.4% in the second quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company’s stock valued at $41,000 after purchasing an additional 7,057 shares in the last quarter. McElhenny Sheffield Capital Management LLC purchased a new stake in Strive in the 2nd quarter worth about $39,000. Engineers Gate Manager LP acquired a new stake in Strive during the 2nd quarter worth about $40,000. Two Sigma Investments LP purchased a new position in Strive during the 3rd quarter valued at about $27,000. Finally, Ground Swell Capital LLC acquired a new position in shares of Strive in the 2nd quarter valued at about $40,000. 5.52% of the stock is currently owned by hedge funds and other institutional investors.

About Strive

(Get Free Report)

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

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