Insider Selling: Priority Technology Holdings, Inc. (NASDAQ:PRTH) Insider Sells 7,519 Shares of Stock

Priority Technology Holdings, Inc. (NASDAQ:PRTHGet Free Report) insider Sean Kiewiet sold 7,519 shares of the stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $5.05, for a total value of $37,970.95. Following the sale, the insider now directly owns 1,176,561 shares of the company’s stock, valued at $5,941,633.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Sean Kiewiet also recently made the following trade(s):

  • On Friday, July 5th, Sean Kiewiet sold 875 shares of Priority Technology stock. The stock was sold at an average price of $5.01, for a total value of $4,383.75.
  • On Wednesday, July 3rd, Sean Kiewiet sold 1,365 shares of Priority Technology stock. The shares were sold at an average price of $5.00, for a total value of $6,825.00.
  • On Monday, July 1st, Sean Kiewiet sold 2,804 shares of Priority Technology stock. The stock was sold at an average price of $5.00, for a total value of $14,020.00.
  • On Friday, June 28th, Sean Kiewiet sold 28,501 shares of Priority Technology stock. The stock was sold at an average price of $5.18, for a total value of $147,635.18.
  • On Monday, June 3rd, Sean Kiewiet sold 7,980 shares of Priority Technology stock. The stock was sold at an average price of $4.59, for a total value of $36,628.20.
  • On Wednesday, May 29th, Sean Kiewiet sold 5,080 shares of Priority Technology stock. The stock was sold at an average price of $5.03, for a total value of $25,552.40.
  • On Friday, May 24th, Sean Kiewiet sold 9,852 shares of Priority Technology stock. The stock was sold at an average price of $4.51, for a total value of $44,432.52.
  • On Wednesday, May 22nd, Sean Kiewiet sold 9,875 shares of Priority Technology stock. The shares were sold at an average price of $3.45, for a total value of $34,068.75.
  • On Monday, May 20th, Sean Kiewiet sold 21,100 shares of Priority Technology stock. The stock was sold at an average price of $3.48, for a total value of $73,428.00.
  • On Thursday, May 16th, Sean Kiewiet sold 8,061 shares of Priority Technology stock. The shares were sold at an average price of $3.46, for a total value of $27,891.06.

Priority Technology Trading Up 2.0 %

Shares of NASDAQ:PRTH traded up $0.10 during midday trading on Tuesday, hitting $5.08. The company had a trading volume of 27,104 shares, compared to its average volume of 41,767. Priority Technology Holdings, Inc. has a 12-month low of $2.62 and a 12-month high of $5.39. The company has a fifty day moving average of $4.20 and a two-hundred day moving average of $3.63.

Priority Technology (NASDAQ:PRTHGet Free Report) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. Priority Technology had a negative return on equity of 3.11% and a net margin of 0.57%. The business had revenue of $205.72 million during the quarter, compared to analyst estimates of $209.08 million. During the same quarter in the prior year, the business posted ($0.15) EPS.

Analyst Upgrades and Downgrades

Separately, B. Riley boosted their target price on shares of Priority Technology from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th.

View Our Latest Research Report on PRTH

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Panagora Asset Management Inc. increased its holdings in Priority Technology by 22.5% during the fourth quarter. Panagora Asset Management Inc. now owns 42,602 shares of the company’s stock valued at $152,000 after buying an additional 7,812 shares during the period. PFG Investments LLC acquired a new stake in Priority Technology in the first quarter valued at approximately $37,000. Vanguard Group Inc. boosted its stake in Priority Technology by 25.7% in the first quarter. Vanguard Group Inc. now owns 762,631 shares of the company’s stock valued at $2,494,000 after acquiring an additional 156,044 shares in the last quarter. Virtu Financial LLC acquired a new stake in Priority Technology in the first quarter valued at approximately $50,000. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in Priority Technology in the first quarter valued at approximately $164,000. Institutional investors own 11.52% of the company’s stock.

Priority Technology Company Profile

(Get Free Report)

Priority Technology Holdings, Inc operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing.

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Insider Buying and Selling by Quarter for Priority Technology (NASDAQ:PRTH)

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