Sean Kiewiet Sells 10,000 Shares of Priority Technology Holdings, Inc. (NASDAQ:PRTH) Stock

Priority Technology Holdings, Inc. (NASDAQ:PRTH - Get Free Report) insider Sean Kiewiet sold 10,000 shares of the business's stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $3.30, for a total transaction of $33,000.00. Following the completion of the transaction, the insider now owns 1,351,853 shares in the company, valued at $4,461,114.90. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Friday, February 9th, Sean Kiewiet sold 1,617 shares of Priority Technology stock. The shares were sold at an average price of $3.17, for a total value of $5,125.89.
• On Wednesday, February 7th, Sean Kiewiet sold 790 shares of Priority Technology stock. The stock was sold at an average price of $3.23, for a total value of $2,551.70.
• On Monday, February 5th, Sean Kiewiet sold 3,206 shares of Priority Technology stock. The stock was sold at an average price of $3.24, for a total transaction of $10,387.44.
• On Thursday, February 1st, Sean Kiewiet sold 306 shares of Priority Technology stock. The stock was sold at an average price of $3.50, for a total value of $1,071.00.

Priority Technology Trading Down 0.3 %

PRTH traded down $0.01 on Tuesday, hitting $3.21. 13,785 shares of the company were exchanged, compared to its average volume of 30,943. The company has a market cap of $243.29 million, a price-to-earnings ratio of -5.10 and a beta of 0.88. The firm has a 50-day moving average price of $3.29 and a two-hundred day moving average price of $3.35. Priority Technology Holdings, Inc. has a twelve month low of $2.62 and a twelve month high of $5.03.

Institutional Investors Weigh In On Priority Technology

A number of large investors have recently modified their holdings of PRTH. Barclays PLC boosted its position in shares of Priority Technology by 527.0% during the 4th quarter. Barclays PLC now owns 4,759 shares of the company's stock worth $25,000 after acquiring an additional 4,000 shares in the last quarter. UBS Group AG raised its holdings in Priority Technology by 68.2% during the first quarter. UBS Group AG now owns 7,184 shares of the company's stock worth $42,000 after purchasing an additional 2,913 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Priority Technology by 116.4% during the 2nd quarter. Wells Fargo & Company MN now owns 7,331 shares of the company's stock worth $27,000 after buying an additional 3,944 shares during the last quarter. BNP Paribas Arbitrage SNC grew its position in shares of Priority Technology by 102.7% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 7,884 shares of the company's stock valued at $36,000 after buying an additional 3,995 shares during the last quarter. Finally, American International Group Inc. grew its position in shares of Priority Technology by 49.7% in the 2nd quarter. American International Group Inc. now owns 8,386 shares of the company's stock valued at $28,000 after buying an additional 2,785 shares during the last quarter. 11.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, B. Riley lifted their target price on Priority Technology from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Wednesday, March 13th.

Priority Technology Company Profile

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.