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Altisource Asset Management Corp (NASDAQ:AAMC) major shareholder Luxor Capital Group, Lp acquired 2,371 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The stock was purchased at an average price of $964.35 per share, for a total transaction of $2,286,473.85. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Altisource Asset Management Corp (NASDAQ:AAMC) traded up 1.21% during mid-day trading on Tuesday, hitting $996.92. The stock had a trading volume of 6,970 shares. Altisource Asset Management Corp has a 52-week low of $230.05 and a 52-week high of $1209.00. The stock has a 50-day moving average of $918.7 and a 200-day moving average of $937.1. The company has a market cap of $2.234 billion and a P/E ratio of 1030.33.

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