Insider Buying: Altisource Asset Management Corp major shareholder Acquires 3,123 Shares of Stock (AAMC)
Altisource Asset Management Corp (NASDAQ:AAMC) major shareholder Luxor Capital Group, Lp bought 3,123 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were purchased at an average cost of $644.58 per share, with a total value of $2,013,023.34. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Large 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 0.57% during mid-day trading on Wednesday, hitting $705.00. The stock had a trading volume of 7,377 shares. Altisource Asset Management Corp has a 52-week low of $310.00 and a 52-week high of $1209.00. The stock’s 50-day moving average is $645.0 and its 200-day moving average is $862.3. The company has a market cap of $1.581 billion and a P/E ratio of 106.94.
Altisource Asset Management Corp (NASDAQ:AAMC) last announced its earnings results on Tuesday, July 22nd. The company reported $4.60 earnings per share (EPS) for the quarter.
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