Insider Selling: Asta Funding General Counsel Sells 7,000 Shares of Stock (ASFI)
Asta Funding (NASDAQ:ASFI) General Counsel Seth Berman sold 7,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $8.60, for a total transaction of $60,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Asta Funding (NASDAQ:ASFI) traded up 0.35% during mid-day trading on Wednesday, hitting $8.63. The stock had a trading volume of 14,159 shares. Asta Funding has a 52 week low of $7.95 and a 52 week high of $10.49. The stock’s 50-day moving average is $8.68 and its 200-day moving average is $9.05. The company has a market cap of $111.9 million and a P/E ratio of 49.43.
Asta Funding (NASDAQ:ASFI) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.30 earnings per share (EPS) for the quarter.
Asta Funding, Inc together with its wholly owned operating subsidiaries Palisades Collection LLC, Palisades Acquisition XVI, LLC (NASDAQ:ASFI), VATIV Recovery Solutions LLC (VATIV) and other subsidiaries is engaged in the business of purchasing, and managing for its own account.
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