Keren Kalima Maimon Buys 1,149,000 Shares of Brera (NASDAQ:SLMT) Stock

Brera Holdings PLC (NASDAQ:SLMT) Director Keren Kalima Maimon purchased 1,149,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were bought at an average cost of $4.97 per share, for a total transaction of $5,710,530.00. Following the acquisition, the director owned 1,336,868 shares in the company, valued at approximately $6,644,233.96. The trade was a 611.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Brera Stock Performance

Shares of NASDAQ SLMT opened at $5.77 on Friday. The firm’s 50-day moving average price is $71.58 and its 200-day moving average price is $165.20. The company has a quick ratio of 3.50, a current ratio of 3.50 and a debt-to-equity ratio of 0.02. Brera Holdings PLC has a 52-week low of $4.28 and a 52-week high of $529.50.

Brera (NASDAQ:SLMT) last announced its quarterly earnings results on Saturday, May 16th. The company reported ($915.90) earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Brera in a report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On Brera

Institutional investors and hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC purchased a new position in shares of Brera in the fourth quarter worth approximately $28,000. Millennium Management LLC purchased a new position in shares of Brera in the fourth quarter worth approximately $41,000. Engineers Gate Manager LP purchased a new position in shares of Brera in the fourth quarter worth approximately $62,000. PEAK6 LLC purchased a new position in shares of Brera in the fourth quarter worth approximately $93,000. Finally, Geode Capital Management LLC purchased a new position in shares of Brera in the fourth quarter worth approximately $95,000. Hedge funds and other institutional investors own 68.26% of the company’s stock.

Brera Company Profile

Brera Holdings PLC is an Irish holding company focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services. We seek to build on the legacy and brand of Brera FC, the first football club that we acquired in July 2022. Brera FC is an amateur football association which has been building an alternative football legacy since its founding in 2000.