Strive (NASDAQ:ASST) CFO Benjamin Pham Buys 6,214 Shares

Strive, Inc. (NASDAQ:ASST) CFO Benjamin Pham acquired 6,214 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was acquired at an average cost of $8.06 per share, with a total value of $50,084.84. Following the purchase, the chief financial officer directly owned 6,214 shares in the company, valued at $50,084.84. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Benjamin Pham also recently made the following trade(s):

• On Tuesday, February 17th, Benjamin Pham acquired 7,900 shares of Strive stock. The stock was acquired at an average price of $8.23 per share, for a total transaction of $65,017.00.

Strive Price Performance

Shares of ASST opened at $7.90 on Thursday. The firm has a market capitalization of $492.54 million, a PE ratio of -1.32 and a beta of 16.87. The company has a 50-day simple moving average of $15.62 and a two-hundred day simple moving average of $42.34. Strive, Inc. has a one year low of $7.57 and a one year high of $268.40.

Strive (NASDAQ:ASST) last announced its quarterly earnings results on Friday, November 14th. The company reported ($4.40) earnings per share for the quarter. The company had revenue of $1.54 million for the quarter.

Institutional Trading of Strive

Institutional investors have recently bought and sold shares of the stock. Engineers Gate Manager LP purchased a new stake in shares of Strive in the 2nd quarter valued at approximately $40,000. Two Sigma Investments LP acquired a new position in Strive during the 3rd quarter worth approximately $27,000. Ground Swell Capital LLC purchased a new position in Strive in the second quarter valued at $40,000. Tower Research Capital LLC TRC increased its holdings in shares of Strive by 180.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company’s stock valued at $41,000 after acquiring an additional 7,057 shares during the last quarter. Finally, Osaic Holdings Inc. acquired a new stake in Strive during the second quarter worth approximately $41,000. 5.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Maxim Group set a $30.00 price target on Strive and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Weiss Ratings restated a “sell (e-)” rating on shares of Strive in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Strive from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $30.00.

About Strive

Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers.

Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets.