Insider Buying: Luxor Capital Group, Lp Buys 1,605 Shares of Altisource Asset Management Corp Stock (AAMC)
Altisource Asset Management Corp (NASDAQ:AAMC) major shareholder Luxor Capital Group, Lp acquired 1,605 shares of Altisource Asset Management Corp stock in a transaction that occurred on Friday, August 29th. The shares were purchased at an average cost of $730.38 per share, with a total value of $1,172,259.90. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.
Altisource Asset Management Corp (NASDAQ:AAMC) traded up 2.60% on Tuesday, hitting $763.75. 11,035 shares of the company’s stock traded hands. Altisource Asset Management Corp has a 52 week low of $320.25 and a 52 week high of $1209.00. The stock’s 50-day moving average is $648.9 and its 200-day moving average is $854.. The company has a market cap of $1.712 billion and a price-to-earnings ratio of 113.57.
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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