Brera (NASDAQ:SLMT) Director Keren Kalima Maimon Acquires 1,149,000 Shares

Brera Holdings PLC (NASDAQ:SLMT) Director Keren Kalima Maimon acquired 1,149,000 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average price of $4.97 per share, for a total transaction of $5,710,530.00. Following the acquisition, the director owned 1,336,868 shares of the company’s stock, valued at approximately $6,644,233.96. This trade represents a 611.60% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Brera Stock Performance

SLMT traded down $0.37 during midday trading on Friday, reaching $5.77. The company’s stock had a trading volume of 53,144 shares, compared to its average volume of 119,936. The stock’s 50-day moving average is $71.58 and its 200-day moving average is $165.20. Brera Holdings PLC has a 1 year low of $4.28 and a 1 year high of $529.50. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.50 and a quick ratio of 3.50.

Brera (NASDAQ:SLMT) last released its quarterly earnings results on Saturday, May 16th. The company reported ($915.90) earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Brera in a research report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Trading of Brera

Institutional investors and hedge funds have recently modified their holdings of the company. HighTower Advisors LLC bought a new stake in shares of Brera during the 4th quarter valued at $28,000. Millennium Management LLC bought a new stake in shares of Brera during the 4th quarter valued at $41,000. Engineers Gate Manager LP bought a new stake in shares of Brera during the 4th quarter valued at $62,000. PEAK6 LLC bought a new stake in shares of Brera during the 4th quarter valued at $93,000. Finally, Geode Capital Management LLC bought a new stake in shares of Brera during the 4th quarter valued at $95,000. 68.26% of the stock is currently owned by institutional investors.

About Brera

Brera Holdings PLC is an Irish holding company focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services. We seek to build on the legacy and brand of Brera FC, the first football club that we acquired in July 2022. Brera FC is an amateur football association which has been building an alternative football legacy since its founding in 2000.