Insider Buying: Strive (NASDAQ:ASST) CEO Acquires 500,000 Shares of Stock

Key Points

• Strive CEO Matthew Ryan Cole purchased 500,000 shares on January 13 at an average price of $0.92 (≈$460,000), increasing his direct holding by 190.11% to 763,012 shares, according to an SEC filing.
• The stock rose about 7.7% to $1.05 after the trade; Strive is highly volatile with a 12‑month range of $0.39–$13.42, a market cap around $852M, negative EPS, and a beta of 16.86.
• Institutional investors built large Q3 positions (e.g., Yorkville, Anson, Alyeska), and analysts are mixed—consensus rating is Hold with a $1.50 price target (one Buy, one Sell).

Strive, Inc. (NASDAQ:ASST - Get Free Report) CEO Matthew Ryan Cole bought 500,000 shares of Strive stock in a transaction dated Tuesday, January 13th. The stock was acquired at an average cost of $0.92 per share, with a total value of $460,000.00. Following the completion of the acquisition, the chief executive officer directly owned 763,012 shares of the company's stock, valued at approximately $701,971.04. The trade was a 190.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Matthew Ryan Cole also recently made the following trade(s):

• On Monday, December 15th, Matthew Ryan Cole purchased 248,999 shares of Strive stock. The shares were bought at an average cost of $0.80 per share, for a total transaction of $199,199.20.
• On Monday, December 15th, Matthew Ryan Cole purchased 207,457 shares of Strive stock. The stock was bought at an average price of $0.82 per share, for a total transaction of $170,114.74.

Strive Stock Up 7.7%

ASST traded up $0.08 on Wednesday, hitting $1.05. 85,338,612 shares of the company traded hands, compared to its average volume of 129,117,391. Strive, Inc. has a 12-month low of $0.39 and a 12-month high of $13.42. The company has a 50 day moving average of $1.02 and a 200-day moving average of $2.86. The stock has a market capitalization of $852.18 million, a PE ratio of -3.45 and a beta of 16.86.

Strive (NASDAQ:ASST - Get Free Report) last released its earnings results on Friday, November 14th. The company reported ($0.22) earnings per share (EPS) for the quarter. The firm had revenue of $1.54 million during the quarter.

Institutional Trading of Strive

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Yorkville Advisors Global LP purchased a new position in shares of Strive in the 3rd quarter worth about $92,593,000. Anson Funds Management LP raised its holdings in Strive by 4,028.5% in the third quarter. Anson Funds Management LP now owns 35,250,000 shares of the company's stock valued at $88,125,000 after buying an additional 36,147,300 shares during the period. Alyeska Investment Group L.P. acquired a new position in Strive during the third quarter valued at approximately $84,375,000. MMCAP International Inc. SPC purchased a new stake in Strive during the third quarter worth approximately $46,296,000. Finally, Woodline Partners LP purchased a new stake in Strive during the third quarter worth approximately $31,481,000. Hedge funds and other institutional investors own 5.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Wall Street Zen raised Strive from a "sell" rating to a "hold" rating in a report on Saturday, December 13th. Weiss Ratings restated a "sell (e-)" rating on shares of Strive in a research report on Monday, December 29th. Finally, Maxim Group set a $1.50 price objective on shares of Strive and gave the company a "buy" rating in a research note on Wednesday, December 10th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Strive currently has a consensus rating of "Hold" and a consensus price target of $1.50.

Strive Company Profile

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.

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