AIAI (NASDAQ:AIAI) Director Acquires $149,999.50 in Stock

AIAI Holdings Corp (NASDAQ:AIAI) Director Eric Affeldt purchased 42,857 shares of AIAI stock in a transaction dated Tuesday, September 22nd. The shares were bought at an average price of $3.50 per share, with a total value of $149,999.50. Following the completion of the acquisition, the director directly owned 47,857 shares of the company’s stock, valued at approximately $167,499.50. This represents a 857.14% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Eric Affeldt also recently made the following trade(s):

• On Wednesday, August 19th, Eric Affeldt purchased 5,000 shares of AIAI stock. The stock was bought at an average cost of $5.96 per share, with a total value of $29,800.00.

AIAI Price Performance

AIAI stock traded down $0.23 during mid-day trading on Wednesday, reaching $3.27. The stock had a trading volume of 250,488 shares, compared to its average volume of 510,980. AIAI Holdings Corp has a one year low of $3.03 and a one year high of $19.57. The company’s 50-day moving average price is $4.81.

AIAI (NASDAQ:AIAI) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.59) earnings per share for the quarter. The business had revenue of $58.28 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on AIAI in a research note on Tuesday, August 11th. They issued a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About AIAI

AIAI was formed for the purpose of creating an AI-powered ecosystem through acquiring and scaling companies that have high potential for increased operating results through the integration of our Artificial Intelligence, or AI into their operations. We are not simply an investment vehicle—we seek to improve the operating performance of our subsidiaries through the application of our proprietary AI. The AI that we will apply to the companies that we acquire will be licensed to us by Messier 42 LLC, or M42, a company controlled by our founder, John P.