Agrify (NASDAQ:RYM) CEO Purchases $39,990.00 in Stock

Key Points

• Agrify Corp CEO Benjamin Kovler purchased 1,000 shares of the company's stock for a total of $39,990, increasing his ownership by 5.88% to 18,000 shares valued around $719,820.
• The company's stock is currently trading at $39.39, down 1.3%, with a significant fifty-two week low of $2.71 and a high of $84.44.
• Agrify specializes in precision cultivation and extraction solutions tailored for the cannabis and hemp industry in the United States.

Agrify Corp (NASDAQ:RYM - ) CEO Benjamin Kovler bought 1,000 shares of the firm's stock in a transaction dated Friday, September 19th. The shares were bought at an average price of $39.99 per share, with a total value of $39,990.00. Following the completion of the transaction, the chief executive officer directly owned 18,000 shares in the company, valued at approximately $719,820. This trade represents a 5.88% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Agrify Trading Down 1.3%

Shares of RYM traded down $0.52 on Monday, hitting $39.39. The company's stock had a trading volume of 10,181 shares, compared to its average volume of 26,474. Agrify Corp has a fifty-two week low of $2.71 and a fifty-two week high of $84.44.

About Agrify

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company 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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