AIAI (NASDAQ:AIAI) Director Purchases $149,999.50 in Stock

AIAI Holdings Corp (NASDAQ:AIAI) Director Eric Affeldt purchased 42,857 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was purchased at an average cost of $3.50 per share, for a total transaction of $149,999.50. Following the completion of the purchase, the director directly owned 47,857 shares of the company’s stock, valued at approximately $167,499.50. The trade was a 857.14% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Eric Affeldt also recently made the following trade(s):

• On Wednesday, August 19th, Eric Affeldt acquired 5,000 shares of AIAI stock. The shares were acquired at an average cost of $5.96 per share, with a total value of $29,800.00.

AIAI Stock Up 9.3%

AIAI stock opened at $3.64 on Friday. AIAI Holdings Corp has a 1 year low of $3.03 and a 1 year high of $19.57. The firm has a 50 day moving average of $4.57.

AIAI (NASDAQ:AIAI) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.59) earnings per share (EPS) for the quarter. The company had revenue of $58.28 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on shares of AIAI in a research note on Tuesday, August 11th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

AIAI Company Profile

AIAI was formed for the purpose of creating an AI-powered ecosystem through acquiring and scaling companies that have high potential for increased operating results through the integration of our Artificial Intelligence, or AI into their operations. We are not simply an investment vehicle—we seek to improve the operating performance of our subsidiaries through the application of our proprietary AI. The AI that we will apply to the companies that we acquire will be licensed to us by Messier 42 LLC, or M42, a company controlled by our founder, John P.