Procap Financial, Inc. (NASDAQ:BRR – Get Free Report) CIO Jeffrey Jin Hyung Park sold 50,962 shares of the business’s stock in a transaction dated Sunday, May 18th. The stock was sold at an average price of $1.93, for a total value of $98,356.66. Following the transaction, the executive directly owned 713,218 shares of the company’s stock, valued at approximately $1,376,510.74. The trade was a 6.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Procap Financial Stock Performance
Shares of NASDAQ:BRR traded down $0.10 during midday trading on Thursday, hitting $1.72. 986,122 shares of the stock were exchanged, compared to its average volume of 776,396. Procap Financial, Inc. has a 12 month low of $1.71 and a 12 month high of $16.25.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut Procap Financial from a “hold” rating to a “sell” rating in a report on Sunday, April 12th.
Procap Financial Company Profile
ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.
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