Agrify Co. (NASDAQ:AGFY - Get Free Report) major shareholder Rslgh, Llc acquired 7,300 shares of the business's stock in a transaction on Wednesday, May 28th. The stock was acquired at an average price of $25.87 per share, with a total value of $188,851.00. Following the transaction, the insider now owns 698,961 shares in the company, valued at approximately $18,082,121.07. The trade was a 1.06% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Rslgh, Llc also recently made the following trade(s):
- On Tuesday, May 27th, Rslgh, Llc acquired 25,000 shares of Agrify stock. The stock was acquired at an average price of $25.00 per share, with a total value of $625,000.00.
Agrify Price Performance
AGFY traded down $1.38 during trading on Friday, hitting $27.82. The company's stock had a trading volume of 11,405 shares, compared to its average volume of 246,214. The firm's 50 day moving average price is $20.84 and its two-hundred day moving average price is $24.94. The company has a quick ratio of 0.10, a current ratio of 0.75 and a debt-to-equity ratio of 0.80. Agrify Co. has a 12 month low of $2.71 and a 12 month high of $84.44. The stock has a market capitalization of $54.30 million, a price-to-earnings ratio of -1.99 and a beta of 10.16.
Agrify (NASDAQ:AGFY - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported ($1.68) earnings per share (EPS) for the quarter. The business had revenue of $0.54 million during the quarter.
Hedge Funds Weigh In On Agrify
Several institutional investors have recently bought and sold shares of AGFY. Renaissance Technologies LLC bought a new stake in shares of Agrify during the fourth quarter worth $841,000. AdvisorShares Investments LLC bought a new stake in shares of Agrify during the fourth quarter worth $321,000. Marathon Partners Equity Management LLC bought a new stake in shares of Agrify during the fourth quarter worth $174,000. Rip Road Capital Partners LP bought a new stake in shares of Agrify during the fourth quarter worth $1,953,000. Finally, SG Capital Management LLC bought a new stake in shares of Agrify during the fourth quarter worth $692,000. Institutional investors own 5.98% of the company's stock.
About Agrify
(
Get Free Report)
Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.
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