LMP Automotive Holdings (NASDAQ:LMPX) CEO Samer Tawfik purchased 342,959 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average cost of $5.36 per share, for a total transaction of $1,838,260.24.

LMPX stock traded up $0.68 during midday trading on Friday, hitting $6.04. The company’s stock had a trading volume of 15,848 shares.

LMP Automotive Company Profile

LMP Automotive Holdings, Inc provides an e-commerce and facilities-based retail platform for consumers to buy, sell, rent, subscribe for, or finance pre-owned and new automobiles in the United States. The company offers pre-owned automobiles, and rentals and subscriptions for pre-owned and new automobiles.

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