James Silk Purchases 9,434 Shares of Beneficient (NASDAQ:BENF) Stock

Beneficient (NASDAQ:BENFGet Free Report) CEO James Silk purchased 9,434 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of $1.06 per share, with a total value of $10,000.04. Following the completion of the transaction, the chief executive officer owned 1,110,930 shares in the company, valued at approximately $1,177,585.80. This trade represents a 0.86% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Beneficient Stock Performance

BENF stock opened at $0.56 on Friday. The company has a fifty day moving average price of $2.43 and a 200-day moving average price of $3.15. The company has a market capitalization of $8.16 million, a P/E ratio of -0.08 and a beta of -0.04. Beneficient has a 52-week low of $0.54 and a 52-week high of $12.48.

Beneficient (NASDAQ:BENFGet Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported ($0.47) earnings per share for the quarter, topping the consensus estimate of ($2.06) by $1.59. The business had revenue of $15.93 million during the quarter, compared to the consensus estimate of $10.16 million. As a group, sell-side analysts forecast that Beneficient will post -9.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Beneficient in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Beneficient has an average rating of “Sell”.

Check Out Our Latest Research Report on Beneficient

Beneficient Company Profile

(Get Free Report)

Beneficient is a financial services company that provides liquidity solutions for holders of alternative assets. Its platform is designed to help investors access cash from otherwise illiquid investments, including interests in private equity, private credit, venture capital, real estate and other privately held assets.

The company offers trust-based liquidity and wealth-management solutions intended to simplify the process of monetizing alternative investments. Beneficient also provides related administrative, custody and fiduciary services through its technology-enabled platform, serving individual investors, trusts and other eligible asset holders.

Beneficient is headquartered in Dallas, Texas.

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