Priority Technology Holdings, Inc. (NASDAQ:PRTH) Insider Sells $33,000.00 in Stock

Priority Technology Holdings, Inc. (NASDAQ:PRTHGet Free Report) insider Sean Kiewiet sold 10,000 shares of Priority Technology stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $3.30, for a total value of $33,000.00. Following the sale, the insider now directly owns 1,351,853 shares of the company’s stock, valued at $4,461,114.90. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Sean Kiewiet also recently made the following trade(s):

  • On Friday, February 9th, Sean Kiewiet sold 1,617 shares of Priority Technology stock. The shares were sold at an average price of $3.17, for a total value of $5,125.89.
  • On Wednesday, February 7th, Sean Kiewiet sold 790 shares of Priority Technology stock. The shares were sold at an average price of $3.23, for a total value of $2,551.70.
  • On Monday, February 5th, Sean Kiewiet sold 3,206 shares of Priority Technology stock. The shares were sold at an average price of $3.24, for a total value of $10,387.44.
  • On Thursday, February 1st, Sean Kiewiet sold 306 shares of Priority Technology stock. The shares were sold at an average price of $3.50, for a total value of $1,071.00.

Priority Technology Price Performance

NASDAQ PRTH traded up $0.01 on Tuesday, hitting $3.23. 3,985 shares of the company’s stock were exchanged, compared to its average volume of 30,784. The firm’s 50-day moving average price is $3.29 and its two-hundred day moving average price is $3.35. Priority Technology Holdings, Inc. has a fifty-two week low of $2.62 and a fifty-two week high of $5.03. The firm has a market cap of $244.80 million, a price-to-earnings ratio of -5.11 and a beta of 0.88.

Analysts Set New Price Targets

Separately, B. Riley upped their price objective on Priority Technology from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th.

Check Out Our Latest Report on Priority Technology

Hedge Funds Weigh In On Priority Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in PRTH. Barclays PLC increased its position in Priority Technology by 527.0% during the 4th quarter. Barclays PLC now owns 4,759 shares of the company’s stock worth $25,000 after purchasing an additional 4,000 shares during the period. Wells Fargo & Company MN increased its position in Priority Technology by 116.4% during the 2nd quarter. Wells Fargo & Company MN now owns 7,331 shares of the company’s stock worth $27,000 after purchasing an additional 3,944 shares during the period. American International Group Inc. grew its holdings in shares of Priority Technology by 49.7% in the 2nd quarter. American International Group Inc. now owns 8,386 shares of the company’s stock worth $28,000 after acquiring an additional 2,785 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of Priority Technology by 50.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 9,089 shares of the company’s stock worth $29,000 after acquiring an additional 3,059 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Priority Technology by 41.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,583 shares of the company’s stock worth $32,000 after acquiring an additional 2,791 shares during the period. Institutional investors and hedge funds own 11.52% of the company’s stock.

Priority Technology Company Profile

(Get Free Report)

Priority Technology Holdings, Inc operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing.

Read More

Insider Buying and Selling by Quarter for Priority Technology (NASDAQ:PRTH)

Receive News & Ratings for Priority Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Priority Technology and related companies with MarketBeat.com's FREE daily email newsletter.