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Altisource Asset Management Corp (NASDAQ:AAMC) major shareholder Luxor Capital Group, Lp bought 13,043 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $682.05 per share, for a total transaction of $8,895,978.15. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Altisource Asset Management Corp (NASDAQ:AAMC) traded up 0.57% during mid-day trading on Wednesday, hitting $705.00. 7,377 shares of the company’s stock traded hands. 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 price-to-earnings ratio of 106.94.

Altisource Asset Management Corp (NASDAQ:AAMC) last released its earnings data on Tuesday, July 22nd. The company reported $4.60 EPS for the quarter.

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